Remove Economy Remove Emissions Remove Fuel Remove Fuel Tax
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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). —Karplus et al.

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With gas phase-out in view, Europe could lose $160 billion in fuel taxes

Teslarati

With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fuel taxes in the coming years. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas.

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Is A Tax On Electricity (kWh) Consumed The Best Way to Supplement the Fuel Tax for Electric Vehicles?

EV Adoption

As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fuel taxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fuel tax.

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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fuel tax). Motor tax revenues collected by governments have increased by almost 3% compared to the previous year, and the grand total of €440.4

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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 European Union (EU) recently adopted CO 2 emissions mandates for new passenger cars, requiring steady reductions to 95 gCO 2 /km in 2021. We argue that assessment of the performance of the EU targets and alternatives should account for interactions of the transport sector with other energy sectors and with other parts of the economy.

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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. Leading international efforts for GHG emission reductions and adaptation.

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GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

Green Car Congress

Meanwhile, significant gains in vehicle fuel economy over the coming decades are possible and very much needed globally in order to address pressing issues of climate change, energy security and sustainable mobility. carbon fuel vehicles will be needed to continue to decarbonize LDVs and reduce oil use out to 2050 and beyond.