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EIA: State tax rates for retail gasoline and diesel increased in 13 states in 2023

Green Car Congress

In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to the US Energy Information Administration (EIA). These taxes have increased in 13 states since July 2022. These Superfund taxes include a $0.09

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NJ boosts gasoline tax 22.5% to $0.507/gallon effective 1 October, diesel to $0.577

Green Car Congress

In order to ensure the state has the funds necessary to support these projects, the law dictates that the Petroleum Products Gross Receipt (PPGR) tax rate must be adjusted accordingly to generate roughly $2 billion per year. from March to May, while diesel fuel consumption declined by 16.5%.

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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The nation faces a crisis. of GDP today. Summary of revenue options.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

EVs will likely account for approximately 8% of new car sales in Europe by 2020, supported by consumers’ higher willingness to pay for green technologies, the region’s high emissions standards, and high gasoline and diesel fuel taxes. Conventional technologies with high CO 2 reduction potential. Source: BCG.

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Profile: Li-ion Battery and Pack Supplier Valence Technology

Green Car Congress

Valence differentiates its lithium-ion products through its cathode (positive terminal in discharge) material, a lithium iron magnesium phosphate (LiFe 1-x Mg x PO 4 ). Two global fulfillment centers—one in Rotterdam and one in Dallas—can ship product to customers within 72 hours. a provider of lithium-ion batteries, modules and packs.

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