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In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fueltax when targeting an identical reduction in cumulative gasoline use (20% by 2050).
A bi-partisan Congressionally-created commission has recommended a shift from motor fueltaxes to direct fees charged to transportation infrastructure users—i.e., a federal mileage fee—as a way to reform financing of the US transportation infrastructure. The nation faces a crisis. Summary of revenue options. Click to enlarge.
Transport fuels will be excluded from the carbon pricing mechanism. However, where applicable, an equivalent carbon price will be applied through changes in fueltax credits or excise. A carbon price will be applied to domestic aviation, domestic shipping, rail transport, and non-transport use of fuels.
Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. New energy efficiency standards. Earlier post.).
measures such as standards, taxation or infrastructure development—consistent with the long-term objective. Key messages and findings for the report include: The key policy for reducing GHG emissions in road transport is the steady tightening of emissions standards in line with the technological frontier.
EVs will likely account for approximately 8% of new car sales in Europe by 2020, supported by consumers’ higher willingness to pay for green technologies, the region’s high emissions standards, and high gasoline and diesel fueltaxes.
Establishing a new program to finance planning, design, and construction of high-speed rail. The Fund is replenished by revenue collected from motor fueltaxes. The existing transportation reauthorization act, which is financed by the Highway Trust Fund, expires on 30 September 2009. The Highway Trust Fund.
ISO/TS 16949 is the quality management system created by the International Organization of Standards to monitor the design, development, production and servicing of automotive components. Valence is strengthening its automotive accreditation by working towards TS 16949 accreditation in 2010. were cleared in the EU last year.
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.
The car will be a “sporty sedan” that will set “new standards” in range and charging, as well as pioneer a new business model that charges customers to activate software-based features, VW said in a press release. ” – March 7, Business Insider via Yahoo Finance. – March 2, via TechCrunch.
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