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

Green Car Congress

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

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp., ITC Holdings Corp.,

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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).

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Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt

CleanTechnica EVs

Not only are tax credits dwindling. continued] The post Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt appeared first on CleanTechnica. With the new year rung in, some big changes are happening in the industry.

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Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt

CleanTechnica EVs

Not only are tax credits dwindling. continued] The post Tax Credits Dwindle, Last Call For A $20,000 Chevy Bolt appeared first on CleanTechnica. With the new year rung in, some big changes are happening in the industry.

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Ford Mustang Mach-E To Lose Tax Credit in January

CleanTechnica EVs

Earlier this month, Ford announced to dealers that the Mustang Mach-E would be losing access to the tax credits it. continued] The post Ford Mustang Mach-E To Lose Tax Credit in January appeared first on CleanTechnica.

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CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

Green Car Congress

Ridesourcing services from transportation network companies, like Uber and Lyft, serve the fastest growing share of U.S. When life cycle air pollution and greenhouse gas emission externalities are internalized via a Pigovian tax, fleet electrification increases and externalities decrease, suggesting a role for policy.

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