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

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The top 5 countries with the highest motor tax revenues are: Germany ? United Kingdom ?

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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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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

CO 2 emissions from transportation sector by scenario in the study. The dashed blue line is 2005 emissions; the scale on the right shows the percent of 2005 level. 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.

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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes to direct fees charged to transportation infrastructure users—i.e., An ever-expanding backlog of investment needs is the price of our failure to maintain funding levels—and the cost of these investments grows as we delay.

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Analysis concludes that current transportation policy in most US states will likely worsen GHG emission trends in US

Green Car Congress

US states are in a unique position to bring down transportation-related GHG emissions, given their primary role in setting statewide transportation policy and directing large amounts of transportation funding. greenhouse gas (GHG) emissions from the transportation sector, and in most cases make decisions that will likely increase.

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New UK Report Welcomes Moves to Promote Green Cars but Stresses Importance of Policies to Reduce Car Use

Green Car Congress

The UK Energy Research Centre (UKERC), the focal point for UK research on sustainable energy, today launched an extensive review of policies which could significantly reduce transport CO 2 emissions. It also discusses fuel taxes and prices, which affect both travel and vehicle choices. Robert Gross, lead author.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

A newly released analysis produced by Beacon Economics for the nonprofit, nonpartisan think-tank Next 10 has found that California’s zero-emission vehicle (ZEV) market is on track to meet or exceed a target of 1.5 And zero-emission vehicles are following this pattern. Price: The most expensive component of a ZEV is the battery.