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Other elements of the PBR to support lower-carbon transportation include: The PBR 2009 confirms that—as announced at Budget 2009—fuel duty will increase by one penny per liter (US$0.06 As also announced in the 2008 Budget, the 20 pence per liter (US$1.21 per gallon US) in real terms on 1 April each year from 2010 to 2013.
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 fueltaxes, CO 2 prices at their projected levels are far too small to create a significant incentive to drive less.
New propulsion systems requiring new fuels, such as plug-in electric vehicle systems and fuel cell systems, are beyond the scope of this technology roadmap and are treated in separate roadmaps. Average fuel economy and new vehicles registrations, 2005 and 2008. Source: Technology roadmap. Click to enlarge. Policy package.
The obvious one is increased fueltaxes, but somehow governments need to make sure the benefits of better technology aren’t wiped out by increased demand for lower-priced fuel. Tags: ClimateChange Electric (Battery) Emissions Europe Hybrids Hydrogen Oil. Jos Dings, T&E Director.
The overall strategy should include conserving energy through changes in travel behavior, improving conventional technologies, and transforming the transportation system to increasingly use lower carbon energy sources. BP, Chevron, Concawe, the Department of Energy U.S.-China
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