Remove Economy Remove Fuel Tax Remove International Remove Light
article thumbnail

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

Green Car Congress

Particularly on the East Coast, which has lost 70% of its pre-2009 refining capacity, incremental supplies have historically been imported from international markets to supplement domestic manufacturing. Similarly, NHTSA’s new fuel economy standards project to reduce gasoline consumption by more than 200 billion gallons through 2050.

Congress 259
article thumbnail

Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

The price ceiling will be set at A$20 above the expected international price and will rise by 5% in real terms each year. Most Australians now agree our climate is changing, this is caused by carbon pollution, this has harmful effects on our environment and on the economy—and the Government should act. the trading scheme.

article thumbnail

Global Fuel Economy Initiative Releases Roadmap Report on Achieving 50% Fuel Economy Improvement in LDV Fleet by 2050

Green Car Congress

The International Energy Agency (IEA) has estimated that fuel consumption and emissions of CO 2 from the world’s cars will roughly double between 2000 and 2050. Worldwide, cars currently account for close to half of the transport sector’s fuel consumption and CO 2 emissions. litres per 100 km).

article thumbnail

IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

Green Car Congress

IEA fuel economy readiness index status, 2010. New propulsion systems requiring new fuels, such as plug-in electric vehicle systems and fuel cell systems, are beyond the scope of this technology roadmap and are treated in separate roadmaps. Average fuel economy and new vehicles registrations, 2005 and 2008.

article thumbnail

Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

Green Car Congress

Policies to entice consumers away from fossil-fuel powered vehicles and normalize low carbon, alternative-fuel alternatives, such as electric vehicles, are vital if the world is to significantly reduce transport sector carbon pure-emissions, according to a new study. —David McCollum.

Carbon 231
article thumbnail

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

Green Car Congress

A team of transportation and policy experts from the University of California released a report to the California Environmental Protection Agency (CalEPA) outlining policy options to significantly reduce transportation-related fossil fuel demand and emissions. Transportation pricing: Gasoline taxes. Active transportation.

article thumbnail

We Need More Than Just Electric Vehicles

Cars That Think

We then used results from a model of the global economy to allocate a portion of this global budget specifically to the U.S. fleet of light vehicles. Although EV battery costs have fallen dramatically over the past decade, the International Energy Agency is projecting a. The International Energy Agency.