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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

About half of US refinery shutdowns are conversions to renewable fuel production. Similarly, NHTSA’s new fuel economy standards project to reduce gasoline consumption by more than 200 billion gallons through 2050. Other important suppliers to the US., including refineries in Canada, are being similarly converted.

Congress 259
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Earlier post.).

Obama 249
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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

The goal of this paper is to assess the resulting CO 2 emissions, energy, and economic impacts of the EU CO 2 mandates, and compare them to an alternative scenario where vehicle emissions are part of an emission trading system designed to meet Europe’s announced economy-wide targets. —Paltsev et al.

Standards 218
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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Increased sales of electric vehicles allow automakers to sell more low-fuel-economy vehicles and still comply with the federal standards that govern the average fuel economy of the vehicles they sell (known as CAFE standards). Effects of Federal Tax Credits for the Purchase of. Indirect effects.

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CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

The other four are electric, and plug-in hybrid and hybrid vehicles, using electricity from low-carbon sources; hydrogen vehicles fueled from renewable or zero GHG sources; gas vehicles using natural gas and biogas; and biofuels with a positive well-to-wheel effect on GHG emissions. —CEPS report.

Emissions 210
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UC report to CalEPA outlines policy options to decarbonize California transportation by 2045

Green Car Congress

Those policy options, when combined, could lead to a zero-carbon transportation system by 2045, while also improving equity, health and the economy. Fuels: liquid petroleum fuels that dominate transportation today and renewable and alternative fuels that can act as substitutes. Active transportation.

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Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

It also would repeal a number of current tax incentives, including those for plug-in electric vehicles and fuel cell vehicles. Clean fuels tax credit. This staff discussion draft focuses on developing two simple, technology-neutral tax incentives for domestic production of clean electricity and clean fuels.

Tax 281