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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

Congress 259
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Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

Green Car Congress

Burgeoning demands for mobility and private vehicle ownership undermine global efforts to reduce energy-related greenhouse gas emissions. Yet, despite ambitious pledges and investments by governments and automakers, it is by no means clear that these vehicles will ultimately reach mass-market consumers. —McCollum et al.

Carbon 231
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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Green Car Congress

The report, Taxing Energy Use 2018 is based on OECD’s Taxing Energy Use database, a unique dataset to compare coverage and magnitude of specific taxes on energy use across 42 OECD and G20 economies (representing approximately 80% of global energy use), six sectors and five main fuel types. of emissions.

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Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

Green Car Congress

In a panel session entitled “Does Green Matter in a Try-to-Survive Market?” How big is the green market? Even globally the number is relatively small: Region. Gasoline may cost between $3-$5 while you own this vehicle. Tags: Hybrids Market Background Policy Vehicle Manufacturers. by Bill Cooke.

Market 170
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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

Switching from the automotive standards to the trading scheme could save as much as €63 billion, says the study’s lead author Sergey Paltsev, deputy director at MIT’s Joint Program on the Science and Policy of Global Change and senior research scientist at the MIT Energy Initiative. The results are published in the journal Transportation.

Standards 218
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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

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. Source: BCG. Click to enlarge. Source: BCG. Click to enlarge. The consumer.

CO2 246
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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. While CO 2 prices are equivalent to fuel taxes, CO 2 prices at their projected levels are far too small to create a significant incentive to drive less.