article thumbnail

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

Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. While CO 2 prices are equivalent to fuel taxes, CO 2 prices at their projected levels are far too small to create a significant incentive to drive less.

article thumbnail

We Need More Than Just Electric Vehicles

Cars That Think

The southwest province of Yunnan derives about 70 percent of its electricity from hydropower, slightly more than the percentage in Washington state, while Shandong, a coastal province in the east, derives about 90 percent of its electricity from coal, similar to West Virginia. Those tax revenues are necessary for the maintenance of roads.