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DOE labs study on costs and benefits of new transportation technologies the most comprehensive to date

Green Car Congress

There has been a lot of past research on the cost of vehicles and the cost of fuel, but these other operating costs haven’t been studied in quite the same detail before. There has been a lot of past research on the cost of vehicles and the cost of fuel, but these other operating costs haven’t been studied in quite the same detail before.

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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). —Karplus et al. Paltsev, M. Babiker, J.M. 2012.09.001.

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IRS seeks feedback on clean hydrogen production tax credit

Green Car Congress

The US Department of the Treasury and the Internal Revenue Service (IRS) have released three notices requesting public input on several tax credit provisions in the Inflation Reduction Act (IRA). These include: Credits for Clean Hydrogen Production (45V) and Clean Fuel Production (45Z) ( Notice 2022-58 ).

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ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., The study identified four specific changes to the US tax code that could help accelerate the commercialization of second-generation biofuels.

Tax 262
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Argonne study finds BEVs can have lowest scheduled maintenance costs, but highest cost of driving

Green Car Congress

The study considers five different powertrains (internal combustion engine, hybrid-electric, plug-in hybrid-electric, fuel-cell-electric, and battery-electric) and 12 cost components (purchase cost, depreciation, financing, fuel, insurance, maintenance, repair, taxes, registration fees, tolls and parking, payload capacity and labor).

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EIA: US consumption of alt fuels up 13% in 2011; E85 second behind natural gas; medium-duty vans had greater impact than LDVs

Green Car Congress

Consumption of alternative fuels by vehicle type, 2011. Replacement fuels—i.e., In alternative-fueled vehicles, consumption of ethanol (E85) increased 52% from the prior year’s consumption, an increase from 90,323 thousand gasoline-equivalent gallons in 2010 to 137,165 thousand gasoline-equivalent gallons in 2011.

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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

Green Car Congress

Although fuel costs are the most ‘present’ cost on peoples’ minds, insurance and tax and also see running costs creep up. Without taking into account incentives and subsidies, taxes on electric vehicles are typically more expensive than gas cars—an average of $183 more per year.

Purchase 321