Remove Economy Remove Fuel Tax Remove Oil Remove Renewable
article thumbnail

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

Green Car Congress

He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief. State gas taxes average another 30 cents per gallon. He also continued his calls for the oil industry to increase refinery capacity to increase production. Hence, the importance of increasing crude oil production.

Congress 259
article thumbnail

Study: air pollution caused 1.1M deaths across Africa in 2019, toll from outdoor pollution rising

Green Car Congress

Cities are expanding, economies are growing, and life expectancy has almost doubled. Fossil fuel combustion has driven an increase in outdoor air pollution that in 2019 killed 29.15 The African continent is undergoing a massive transformation, the co-authors note. billion in 2020 to 4.3 billion by 2100.

Africa 397
article thumbnail

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
article thumbnail

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.). Other efforts will include: Natural Gas.

Obama 249
article thumbnail

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

Green Car Congress

Here, we develop state-of-the-art representations of consumer preferences in multiple global energy-economy models, specifically focusing on the non-financial preferences of individuals. More than 90% of such vehicles are powered by internal combustion engines burning oil-derived fuels. —David McCollum.

Carbon 231
article thumbnail

UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

Green Car Congress

In spring the Chancellor presents the annual Budget statement, which includes a detailed assessment of the state of the economy and the nation’s finances. In his statement, the Chancellor may announce changes to taxes and new spending measures. This year’s PBR follows the first contraction in the global economy for 60 years.

Tax 186
article thumbnail

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). Indirect effects. That effect may be large. EDTA response. Cultivate local PEV clusters.