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With gas phase-out in view, Europe could lose $160 billion in fuel taxes

Teslarati

With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fuel taxes in the coming years. billion ($31 billion) between last year and this year—or more than alcohol and tobacco taxes combined.

Fuel Tax 102
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US COVID-19 mitigation efforts resulting in significant decline in traffic, emissions and fuel-tax revenues

Green Car Congress

Fuel use dropped from 4.6 It also resulted in fuel-tax revenue reductions, which vary by state. In California, where vehicle miles dropped more than 75%, the state’s fuel-tax revenue under Senate Bill 1 (2017) also plummeted from $61 million in early March to $15 million for the second week of April.

Fuel Tax 243
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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

In a letter sent to President Biden on 15 June, the AFPM (American Fuel & Petrochemical Manufacturers) and the API (American Petroleum Institute) listed what they called seven realities about the current situtation: Refined product prices are determined on the global markets. Hence, the importance of increasing crude oil production.

Congress 259
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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
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Washington state legislature approves $16.9B transportation package; targeting all new cars to be electric with MY 2030

Green Car Congress

The package makes significant investments in reducing carbon emissions, preservation and maintenance, expanding multimodal options, public transportation and pedestrian safety. 3 billion for maintenance and preservation. $3 Notable investments include: $5.4 billion toward carbon reduction and multimodal expansion. $3

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Ryder San Francisco fueling facility offers 100% renewable diesel

Green Car Congress

—Chris Nordh, Ryder Director for Global Fuel Products. Based on production levels and availability of RD, Ryder will continue to monitor other markets with plans for expanding this offering. The company also plans to analyze continually market opportunities that would benefit its customers to have RD available for their fleets.,

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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? We’re not sure how much maintenance cost you are going to incur and quite frankly you many need to replace the battery pack after 3-4 years and it may cost between $3,000-$5,000. by Bill Cooke.

Market 170