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MIT study suggests carbon tax could help reduce US deficit, lower other taxes, reduce emissions

Green Car Congress

A new report from MIT’s Joint Program on the Science and Policy of Global Change suggests that a tax on carbon emissions could help raise the money needed to reduce the US deficit, while improving the economy, lowering other taxes and reducing emissions. They found that the tax would raise $1.5

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Study finds EV buyers want rebates, not tax credits; government could have saved $2B

Green Car Congress

A study by a team from the George Washington University finds that not all financial incentives are created equal in the eyes of prospective car buyers, and the current federal incentive—a tax credit—is, in fact, valued the least by car buyers. The current federal electric vehicle tax scheme is a pain. Roberson et al.

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U Mich poll finds support for carbon tax grows when revenue fuels renewable energy

Green Car Congress

A carbon tax with revenues used to fund renewable energy programs gained support from 60 percent of Americans, according to a University of Michigan poll. The survey also found: A revenue-neutral carbon tax, in which all tax revenue would be returned to the public as a rebate check, received 58% support.

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Study finds higher gasoline taxes do not disproportionately impact the poor, especially in developing countries

Green Car Congress

However, a new study by researchers at the University of Gothenburg (Sweden) finds that middle- and high-income earners are generally affected the most by gasoline taxes, especially in poor countries, rather than poor people. Petrol taxes are effective and actually don’t affect poor people disproportionally. —Thomas Sterner.

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DOT issues discussion document on principles for a connected vehicle environment; safety as top priority

Green Car Congress

The principles reflect the positions of the FHWA (Federal Highway Administration), NHTSA, and RITA at this time of adoption related to research, demonstration and implementation of a connected vehicle environment. Transportation Safety is the DOT’s top stated priority for the connected vehicle environment.

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Tesla launches efforts to stop CA’s solar tax, which Musk dubs as “anti-environment”

Teslarati

CEO Elon Musk has been pretty vocal about his opposition to California’s “solar tax” initiative, noting last month that the idea was “insane.” as a “bizarre anti-environment move” by the California government. . ” In a more recent comment, Musk described NEM 3.0

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France’s high court rules in favor of ending tax benefits for palm oil diesel

Green Car Congress

France’s Constitutional Council, the highest constitutional authority in the country, ruled in favor of excluding palm oil from the list of biofuels that enjoy tax incentives. —Laura Buffet, clean fuels director with the European NGO federation Transport & Environment (T&E). The decision enters into force on 1 January, 2020.

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