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EVs will likely account for approximately 8% of new car sales in Europe by 2020, supported by consumers’ higher willingness to pay for green technologies, the region’s high emissions standards, and high gasoline and diesel fueltaxes.
emissions, according to a new analysis released by the Natural Resources Defense Council (NRDC) and Smart Growth America (SGA). transportation, and ensure state fueltaxes can support all transportation modes. Update transportation financing and funding formulas to reward reductions in driving, VMT, and fuel.
The Department of Agriculture’s Rural Utilities Service will finalize a proposed update to its Energy Efficiency and Conservation Loan Program to provide up to $250 million for rural utilities to finance efficiency investments by businesses and homeowners across rural America.
In Great Britain vehicles are heavily taxed via fueltaxes, the value added tax, registration fees and location specific congestion charges and the cumulative effect of these taxes can have a significant impact on a vehicle’s operating cost. The vehicle is slated to arrive at select Ford dealers in 2010.
Until now, America has been its own worst enemy by ignoring the promise of emerging low carbon fuel industries. The IRA is a vote of confidence and real investment from our federal government that will have a positive ripple effect throughout the advanced biofuels industry.
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