Remove 2020 Remove Fuel Tax Remove Oil
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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief. State gas taxes average another 30 cents per gallon. He also continued his calls for the oil industry to increase refinery capacity to increase production. Hence, the importance of increasing crude oil production.

Congress 259
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California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 per gallon of DME used and $0.06 per gallon).

Tax 376
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Study: air pollution caused 1.1M deaths across Africa in 2019, toll from outdoor pollution rising

Green Car Congress

billion in 2020 to 4.3 Fossil fuel combustion has driven an increase in outdoor air pollution that in 2019 killed 29.15 Specific recommendations include: Invest in clean renewable energy, in particular taking advantage of solar and wind power resources and reducing reliance on coal, oil, and gas. billion by 2100.

Africa 397
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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150
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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

They analyzed the impact of the mandates on oil demand, CO 2 emissions, and economic welfare, and compare the results to an emission trading scenario that achieves identical emissions reductions. There are many ways to do policies, and sometimes political reality doesn’t allow you to do things the best way.

Standards 218
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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

A new study from the Harvard Kennedy School’s Belfer Center for Science and International Affairs finds that reducing greenhouse gas emissions from transportation will be a much bigger challenge than many assume, and will require substantially higher fuel prices combined with more stringent regulations.

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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

Conventional automotive technologies have significant emission-reduction potential, according to a draft of the Boston Consulting Group’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. —“Powering Autos to 2020” (draft). Source: BCG. Click to enlarge. However, China is a major wildcard.

CO2 246