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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

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 fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050).

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Congressionally-created Commission Recommends Mileage Tax Instead of Fuel Tax for Transportation Infrastructure Financing

Green Car Congress

A bi-partisan Congressionally-created commission has recommended a shift from motor fuel taxes 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.

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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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.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

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.).

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CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

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.

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

Green Car Congress

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 fuel taxes.

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Proposed US Transportation Reauthorization Plan Links Greenhouse Gas Reductions to Transportation Planning

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Establishing a new program to finance planning, design, and construction of high-speed rail. The Fund is replenished by revenue collected from motor fuel taxes. The existing transportation reauthorization act, which is financed by the Highway Trust Fund, expires on 30 September 2009. The Highway Trust Fund.