Economy, Fuel Tax and Tax

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

Teslarati

JANUARY 30, 2024

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. What about in other countries?

Fuel Tax

Fuel Tax Tax Europe Gas

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

Green Car Congress

JUNE 23, 2022

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

Congress

Congress Fuel Tax Tax Fuel

DOE: Average annual gasoline taxes paid per vehicle, by state, 2019

Green Car Congress

DECEMBER 3, 2019

According to the Federal Highway Administration, the average fuel economy for all light vehicles on the road today is 22.3 The Federal tax on gasoline is 18.4 cents per gallon, and each state has a gasoline tax, ranging from 8.95 Based on a vehicle with an average fuel economy of 22.3 cents in Alaska to 58.7

Tax

Tax 2019 Gasoline Fuel Economy

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

EV Adoption

JULY 4, 2022

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.

Fuel Tax

Fuel Tax Tax Electric Vehicles Fuel

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

Green Car Congress

FEBRUARY 21, 2013

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).

Fuel Economy

Fuel Economy MIT Fuel Tax Economy

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

Green Car Congress

MAY 4, 2020

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

Motor

Motor Motors Motoring Market

Fuel economy standards to hit fuel tax

Green Cars News

MAY 3, 2012

There may be one negative knock-on effect of improving the fuel economy standards of our vehicles: fuel tax revenues could slump massively. According to a report by the Congressional Budget Office (logo, pictured), fuel economy standards proposed for 2017-2025 would cut revenues from petrol tax by 21 per cent in 2040.

Fuel Economy

Fuel Economy Fuel Tax Tax Economy

Massachusetts Governor Proposes $0.19 Increase in State Fuel Tax to Support Transportation Projects

Green Car Congress

FEBRUARY 20, 2009

As part of a comprehensive reform plan to simplify the Commonwealth of Massachusetts’ transportation system, Governor Deval Patrick is proposing a fuel tax increase of $0.19 The increased fuel tax is intended to be in lieu of an increase in tolls. per gallon—a 81% increase of the current $0.235 per gallon.

Fuel Tax

Fuel Tax Massachusetts Tax Transportation

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

JULY 10, 2011

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. Transport fuels will be excluded from the carbon pricing mechanism. Household transport fuel consumption will not be subject to a carbon price.

Tax Credit

Tax Credit Fuel Tax Carbon Australia

Study finds that increased vehicle travel and decreased occupancy have undercut the impact of improving fuel economy over last 40 years

Green Car Congress

MARCH 6, 2013

Sivak found that while the vehicle fuel economy of the entire light-duty fleet improved by 40% (from 13 mpg US to 21.6 l/100km), because of the decrease in vehicle load, the occupant fuel economy only improved by 17% (from 24.8 Combining these two effects yields a reduction of about 14% in the amount of fuel used.

Fuel Economy

Fuel Economy Economy Fuel North America

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Green Car Congress

FEBRUARY 14, 2018

Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. The report assesses the magnitude and coverage of taxes on energy use in 2015, and considers change between 2012 and 2015.

Climate Change

Climate Change Climate Tax Energy

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

NOVEMBER 8, 2013

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.

Fuel Economy

Fuel Economy Economy Plug-in Plug

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

DECEMBER 21, 2009

In the Pre-Budget Report (PBR) released on 9 December, UK Chancellor Alistair Darling announced that all electric cars will be exempt from Company Car Tax (CCT) for 5 years and electric vans will be exempt from Van Benefit Charge (VBC) for the same period. This year’s PBR follows the first contraction in the global economy for 60 years.

Tax

Tax Carbon Fuel Tax Fuel

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

Green Car Congress

OCTOBER 11, 2021

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

Africa Pollution 2019 Ethiopia

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

MARCH 8, 2010

Economy-wide CO 2 prices of $30-60/t CO 2 are too weak on their own to motivate significant reductions in CO 2 emissions from transportation. The economy-wide CO 2 prices applied increase the cost of driving only marginally with respect to the business-as-usual case. —Morrow et al. Adoption of all of the preceding policies.

Tax Credit

Tax Credit Tax Emissions Fuel

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

APRIL 21, 2022

Minerals and the materials derived from them are at the heart of energy transition strategies, and emerging markets and developing economies are the overwhelming providers. There are also unanswered questions about how to even finance electrification or road construction and maintenance given lost revenues from fuels taxes, Foss said.

China

China Energy Indonesia Power Grid

Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

Green Car Congress

OCTOBER 23, 2010

users pay for the construction and maintenance of roads via a federal fuel tax. Revenues from the tax go into the federal Highway Trust Fund, which is independent of the General Fund; every five years or so Congress passes an authorization bill to allocate these revenues. States use similar mechanisms. —Huang et al.

Transportation

Transportation Fuel Tax Tax Gasoline-Electric

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

Green Car Congress

MARCH 6, 2009

The IEA and ITF have developed a range of projections of possible “business-as-usual” scenarios around this, indicating the potential for a doubling (or more) of vehicle kilometers travelled (VKT) combined with modest improvements in vehicle fuel economy. Vehicle taxes and incentives. Component standards, taxes and incentives.

Fuel Economy

Fuel Economy Economy Fuel Global

EV Road Usage Fees: A 3-Step Guide for States

Plug in America

JULY 26, 2023

States rely on gas taxes to fund road improvements and repairs. Step 1: Identify Revenue Replacement Baseline Since all states have a gas tax in place, let’s not recreate the wheel. We then multiply the number of gallons of gas needed each year by the gas tax rate per gallon. a year in gas taxes. a year in gas taxes.

Tax

Tax Arizona Gas-Electric Gas

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

Green Car Congress

NOVEMBER 11, 2016

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. —Sergey Paltsev.

Standards

Standards Emissions Europe CO2

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

Green Car Congress

JULY 23, 2018

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. Global, economy-wide carbon pricing is assumed as climate policy in both scenarios after 2020 (100 US$ per tCO 2 held constant over time).

Carbon

Carbon Market Alternative Fuels Vehicles

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

JUNE 25, 2013

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. Climate Change Emissions Fuel Efficiency Fuels Heavy-duty Policy'

Obama

Obama Cleaner Climate Fuel Economy

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

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO. Click to enlarge. billion through 2019.

Tax Credit

Tax Credit Gasoline Tax Gasoline-Electric

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

Green Car Congress

SEPTEMBER 20, 2012

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.

Fuel Economy

Fuel Economy Fuel Transportation Engine

National Research Council Report Explores Improving Fuel Economy of Medium- and Heavy-Duty Vehicles; Recommends Immediately Beginning Developing a Regulatory Approach

Green Car Congress

APRIL 2, 2010

The National Research Council has released a prepublication edition of a new congressionally mandated report that evaluates various technologies and methods that could improve the fuel economy of medium- and heavy-duty vehicles (MHDVs), such as tractor-trailers, transit buses, and work trucks.

Fuel Economy

Fuel Economy Economy Fuel Vehicles

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

JULY 1, 2013

Such standards are effective in overcoming barriers to the introduction of more efficient vehicles and fuels, while creating regulatory certainty for product developers and manufacturers. This should include carbon and energy taxing, for example, as proposed in the amendment of the Energy Tax Directive.

Emissions

Emissions Transportation Standards Climate Change

Study Finds That Implementation of a Portfolio of Transportation Strategies Will Be Required for Significant Reductions in GHG from Transportation Sector; Pricing Strategies Have the Largest Potential

Green Car Congress

JULY 29, 2009

Strong economy-wide pricing measures (such as a $5.00 per gallon fuel tax by 2050) could result in an additional reduction of 28% in GHG emissions. The Moving Cooler baseline extrapolated these projections further to 2050, resulting in a potential doubling or greater of fleet fuel efficiency. Land use and smart growth.

Transportation

Transportation Price Fuel Economy Economy

New Zealand simplifies Road User Charges system, extends exemption for light electric motor vehicles from 2013 to 2020

Green Car Congress

JUNE 14, 2012

Since some 36% of diesel is used off-road, such as on farms, by manufacturing, industrial and commercial ventures, and boats, a fuel tax for road use would impose an unfair burden onto these sectors, the government says.). In New Zealand, diesel and electric-powered vehicles pay for their road use through road user charges.

New Zealand

New Zealand Light 2013 2020

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

Green Car Congress

DECEMBER 19, 2013

introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US. Senate Finance Committee Chairman Max Baucus (D-Mont.)

Tax

Tax Tax Credit Clean Cleaning

Fuel duty increase: Greenwash or green right?

Green Cars News

SEPTEMBER 1, 2009

Many a motorist will grumble today as they get to the pumps and notice a jump in the fuel prices, following the two pence per litre increase in fuel duty, however environmental pressure group, Friends of the Earth (FoE) think the increase is necessary to coax us out of our cars.

Green

Green Fuel Petrol Fuel Tax

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

Green Car Congress

APRIL 22, 2021

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.

Transportation

Transportation California Davis Carbon

Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

Green Car Congress

MAY 2, 2009

Other product attributes like reliability and safety, strongly influence consumer perceptions, as do employee enthusiasm and the company’s impact on the economy.” In the short term, he believes OEMs need to boost their warranty support for hybrids; there needs to be some kind of a floor on resale value and fuel pricing (i.e.

Market

Market Green Prius Re-Charge

FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

EV Adoption

MARCH 9, 2021

Is EV charging the next gig for the gig economy? Minnesota State Senator Proposes Electric Fuel Tax – As more residents of Minnesota buy electric vehicles gas tax revenue will decline causing the state to find a way to replace the gas tax money it uses to pay for roads and bridges, said Central Minnesota Sen.

GM

GM Hummer GMC Batteries

MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

Green Car Congress

MARCH 16, 2016

The recommendations include: Improving the fuel consumption of mainstream vehicles is the primary nearer-term opportunity for reducing fuel use and GHG emissions. Market-based incentives should be implemented to support the US Corporate Average Fuel Economy (CAFE) LDV requirements.

MIT

MIT Transportation Climate Energy

We Need More Than Just Electric Vehicles

Cars That Think

AUGUST 20, 2022

We then used results from a model of the global economy to allocate a portion of this global budget specifically to the U.S. Governments have offered subsidies or tax rebates to make EVs more appealing, a policy which the U.S. Those tax revenues are necessary for the maintenance of roads. The International Energy Agency.

Electric Vehicles

Electric Vehicles Vehicles West Virginia Electric

EV Driven

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

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

DOE: Average annual gasoline taxes paid per vehicle, by state, 2019

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

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

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

Fuel economy standards to hit fuel tax

Massachusetts Governor Proposes $0.19 Increase in State Fuel Tax to Support Transportation Projects

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

Study finds that increased vehicle travel and decreased occupancy have undercut the impact of improving fuel economy over last 40 years

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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

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

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

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

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

EV Road Usage Fees: A 3-Step Guide for States

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

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

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

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

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

National Research Council Report Explores Improving Fuel Economy of Medium- and Heavy-Duty Vehicles; Recommends Immediately Beginning Developing a Regulatory Approach

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

Study Finds That Implementation of a Portfolio of Transportation Strategies Will Be Required for Significant Reductions in GHG from Transportation Sector; Pricing Strategies Have the Largest Potential

New Zealand simplifies Road User Charges system, extends exemption for light electric motor vehicles from 2013 to 2020

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

Fuel duty increase: Greenwash or green right?

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

Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

We Need More Than Just Electric Vehicles

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