Green Car Congress

AUGUST 31, 2020

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

Tax Gasoline Diesel 2016 186

Green Car Congress

JULY 10, 2011

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 carbon price will be applied to domestic aviation, domestic shipping, rail transport, and non-transport use of fuels.

Tax Credit 199

Tax Credit Fuel Tax Carbon Australia 199

EV Adoption

MARCH 9, 2021

” – March 7, Business Insider via Yahoo Finance. Minnesota State Senator Proposes Electric Fuel Tax – As more residents of Minnesota buy electric vehicles gas tax revenue will decline causing the state to find a way to replace the gas tax money it uses to pay for roads and bridges, said Central Minnesota Sen.

GM 52

GM Hummer GMC Battery 52

Green Car Congress

JANUARY 30, 2018

It also reviews policies and implications that could affect future market growth. Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles. As of October 2017, 337,483 ZEVs have been sold in California. ZEV sales increased 29.1%

California 199

California 2017 2016 Los Angeles 199

Green Car Congress

JUNE 25, 2013

A Federal Quadrennial Energy Review. The Department of Agriculture’s Rural Utilities Service will finalize a proposed update to its Energy Efficiency and Conservation Loan Program to provide up to $250 million for rural utilities to finance efficiency investments by businesses and homeowners across rural America.

Obama 249

Obama Cleaner Climate Fuel Economy 249