Fuel Tax News Tax Vehicles 
Teslarati
JANUARY 30, 2024
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. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas.
Teslarati
JANUARY 9, 2023
The Texas State Legislature is considering levying a tax against EV owners to fund road upkeep and improvement, and EV owners are on board. Electric vehicles are the choice for many consumers not only due to their environmental benefits but also due to their reduced cost of ownership.
Green Car Congress
DECEMBER 21, 2009
In the Pre-Budget Report (PBR) released on 9 December, UK Chancellor Alistair Darling announced that all electric cars will be exempt from Company Car Tax (CCT) for 5 years and electric vans will be exempt from Van Benefit Charge (VBC) for the same period. The PBR also has news of an additional £30 million (US$48.5 Earlier post.).
Green Cars News
MAY 3, 2012
There may be one negative knock-on effect of improving the fuel economy standards of our vehicles: fuel tax revenues could slump massively. According to a report by the Congressional Budget Office (logo, pictured), fuel economy standards proposed for 2017-2025 would cut revenues from petrol tax by 21 per cent in 2040.
Green Car Congress
JULY 23, 2018
Policies to entice consumers away from fossil-fuel powered vehicles and normalize low carbon, alternative-fuel alternatives, such as electric vehicles, are vital if the world is to significantly reduce transport sector carbon pure-emissions, according to a new study. —McCollum et al. Share of EDVs in 2050.
The Truth About Cars
JUNE 3, 2024
Despite aggressively pushing for all-electric vehicles to supplant combustion models, the United States government seems to have suddenly realized that such a move could have some rather serious unintended consequences. This is nothing new, as U.S. Frankly, almost every aspect of the industry does at this stage.
Green Cars News
OCTOBER 8, 2012
Gas-guzzling vehicles could face a new tax of up to £23,000 under new proposals drawn up by a government advisor. The new plans, supported by the Lib Dems, could even see the most efficient cars subsidised to the tune of £750 and see the end of annual Vehicle Exercise Duty payments.
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