Remove 2020 Remove Economy Remove Fuel Tax Remove Market
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Motor vehicle taxation brings in €440.4B for governments in major European markets

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New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The top 5 countries with the highest motor tax revenues are: Germany ? —Eric-Mark Huitema, ACEA Director General.

Motoring 284
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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

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Operable capacity for the refineries is 17,789,010 barrels per calendar day in 2022, down from 18,976,085 in 2020. Monthly data from the EIA shows that crude oil is 60% of the price of gasoline, 17% is refining costs, 12% is federal and state taxes, and 11% is distribution and marketing. As of 10 June, EIA reported 93.7%

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

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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. Carbon pricing alone is insufficient to bring low-carbon vehicles to the mass market, though it may have a supporting role in ensuring a decarbonized energy supply.

Carbon 231
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Study: air pollution caused 1.1M deaths across Africa in 2019, toll from outdoor pollution rising

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billion in 2020 to 4.3 Cities are expanding, economies are growing, and life expectancy has almost doubled. Fossil fuel combustion has driven an increase in outdoor air pollution that in 2019 killed 29.15 The African continent is undergoing a massive transformation, the co-authors note. billion by 2100.

Africa 397
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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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From 1 July 2015, the carbon price will be set by the market. Gillard said that by 2020, this would cut emissions by some 160 million tonnes per year. Transport fuels will be excluded from the carbon pricing mechanism. a year in real terms. We have had a long debate about climate change in this country.

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

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The goal of this paper is to assess the resulting CO 2 emissions, energy, and economic impacts of the EU CO 2 mandates, and compare them to an alternative scenario where vehicle emissions are part of an emission trading system designed to meet Europe’s announced economy-wide targets. —Paltsev et al.

Standards 218
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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

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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. of greenhouse gas emissions to 3% by 2020. Earlier post.).

Obama 249