article thumbnail

EIA: State tax rates for retail gasoline and diesel increased in 13 states in 2023

Green Car Congress

In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to the US Energy Information Administration (EIA). These taxes have increased in 13 states since July 2022. These Superfund taxes include a $0.09

Tax 273
article thumbnail

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

Green Car Congress

Emerging markets and developing countries are central to the “decarb” and electrification push, and are themselves maneuvering to attain advanced country status and a higher quality of life for their citizens. Between 2010 and 2021, worldwide nickel usage grew almost 90%.

China 416
article thumbnail

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

From 1 July 2015, the carbon price will be set by the market. Transport fuels will be excluded from the carbon pricing mechanism. However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. a year in real terms. —Prime Minister Gillard.

article thumbnail

NJ boosts gasoline tax 22.5% to $0.507/gallon effective 1 October, diesel to $0.577

Green Car Congress

Due to the formula explicitly outlined in the law, the PPGR tax rate on gasoline and diesel fuel will increase on 1 October 2020 from $0.309 to $0.402 for gasoline and from $0.349 to $0.442 for diesel fuel. Background on Chapter 57 & calculation of tax rate formula. million.

Tax 186
article thumbnail

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 It also reviews policies and implications that could affect future market growth. million ZEV target by 2030. Earlier post.)

article thumbnail

Opinion: A More Level Playing Field for Advanced Biofuels

Clean Fleet Report

It is vitally important that the EPA continue to send strong market signals to the advanced biofuels industry by putting forward a strong, multi-year Renewable Volume Obligation (RVO) during its next round of RFS standards. Until now, America has been its own worst enemy by ignoring the promise of emerging low carbon fuel industries.

article thumbnail

BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

In addition to their relatively high total cost of ownership, EVs face substantial go-to-market challenges—including questions about battery durability and establishment of the required charging infrastructure—that will impact their rate of adoption. The consumer.

CO2 246