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Australia Prime Minister Julia Gillard unveiled Australia’s carbon pricing plan—a core element in a new clean energy plan—in a short address to the nation. The Government intends to introduce legislation to underpin the carbon pricing mechanism into Parliament in the second half of 2011. Click to enlarge.
The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use FuelTax 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).
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 fueltax when targeting an identical reduction in cumulative gasoline use (20% by 2050).
A bi-partisan Congressionally-created commission has recommended a shift from motor fueltaxes to direct fees charged to transportation infrastructure users—i.e., To the extent, however, that surface transportation fuels are subject to a charge in the future to account for their carbon emissions (e.g., Click to enlarge.
Policies to entice consumers away from fossil-fuel powered vehicles and normalize low carbon, alternative-fuel alternatives, such as electric vehicles, are vital if the world is to significantly reduce transport sector carbon pure-emissions, according to a new study. Note the different scaling used in the graphs.
A 100% first year tax allowance will also be provided for the purchase of electric vans subject to State Aid clearance. million) to support low carbon vehicle development, including an expansion of the Technology Strategy Board’s ultra-low carbon vehicles competition. The PBR also has news of an additional £30 million (US$48.5
Diesel is currently taxed at a lower level than gasoline in Europe; however, since 2011 the EC has been considering reversing that situation by making energy taxes systematically reflect the CO 2 performance of the energy product.
users pay for the construction and maintenance of roads via a federal fueltax. Revenues from the tax go into the federal Highway Trust Fund, which is independent of the General Fund; every five years or so Congress passes an authorization bill to allocate these revenues. States use similar mechanisms. —Huang et al.
The proposal was drafted as two measures, the Climate Protection Act —which sets the carbon price and finance programs for sustainable technologies—and the Sustainable Energy Act —which ends federal support for fossil fuel companies and research and extends tax incentives for renewables. International sources.
Policies could have a large impact through reducing the need to travel and promoting walking, cycling, public transport and efficient driving, as well as encouraging low carbon cars. It also discusses fueltaxes and prices, which affect both travel and vehicle choices. But there is a bigger picture. Robert Gross, lead author.
fueltaxes increased between 2012 and 2015 in some large countries, and first steps towards removing lower tax rates on diesel compared to gasoline are taken, but apart from that there are no signs that the polluter pays principle determines the energy tax landscape more strongly in 2015 than in 2012. of emissions.
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.
The package makes significant investments in reducing carbon emissions, preservation and maintenance, expanding multimodal options, public transportation and pedestrian safety. billion toward carbon reduction and multimodal expansion. $3 The Washington State Legislature has passed the $16.9-billion, Notable investments include: $5.4
The report argues that the biggest component of total transport reductions could come from more energy-efficient vehicles, combined with the gradual introduction of low-carbonfuels and new engine technologies. The report identified five main technology paths towards low-carbon transport. —CEPS report.
transportation, and ensure state fueltaxes can support all transportation modes. Managing traffic through congestion pricing tools and incentivize low-carbon transportation options through comprehensive commuter programs.
Generally the investment tax credit cannot be claimed for facilities that begin to operate before January 1, 2017. However, after 2016, a 20% investment tax credit can be claimed for existing facilities that undertake a carbon capture and sequestration retrofit that captures at least 50% of carbon dioxide emissions.
Increasingly efficient conventional combustion-engine vehicles will be key in moving towards a low carbon future, according to the GFEI. carbonfuel vehicles will be needed to continue to decarbonize LDVs and reduce oil use out to 2050 and beyond. If the question is ‘how do we move to a low carbon future for vehicles?’,
A team of transportation and policy experts from the University of California released a report to the California Environmental Protection Agency (CalEPA) outlining policy options to significantly reduce transportation-related fossil fuel demand and emissions. A second study led by UC Santa Barbara was released simultaneously.
The new goal is that efficiency standards for appliances and federal buildings set in the first and second terms combined will reduce carbon pollution by at least 3 billion metric tons cumulatively by 2030—equivalent to nearly one-half of the CO 2 emissions from the entire US energy sector for one year.
Another option suggested in the report is increasing the federal excise tax on sales of gasoline, which would tend to reduce gasoline use and emissions. Other policies, such as a tax on the carbon content of fossil fuels, could focus on low-cost reductions in emissions outside the transportation sector.
The policy package includes a new fuel economy readiness index, which measures the extent to which countries have implemented steps that will fully exploit the potential of existing fuel economy technologies and maximise their use in vehicles.
per gallon fueltax by 2050) could result in an additional reduction of 28% in GHG emissions. carbon pricing) are considered. Pricing strategies, in particular the economy-wide pricing implemented through PAYD (pay as you drive), a VMT fee, and gas or carbon pricing have the largest potential to reduce GHGs.
However, the survey also found that the public may not yet be prepared for the tradeoffs and challenges needed to make these proposals a reality, with majorities rejecting measures such as a floor on gasoline prices, congestion charges, or higher fueltaxes. Anything that increases the cost of driving is soundly rejected by the public.
According to lead author Dr Robert Gross, subsidies for low carbon cars are likely to be effective as drivers often discount long-run costs. Road pricing along with fueltax rises and competitive fares and service improvements could be effective. What do you make of these suggestions?
According to The AA if all UK vehicles on the road eligible for the scrappage scheme were to be replaced with new cars it would result in a decrease of almost 30 per cent of carbon emissions and a 30 per cent increase in fuel efficiency.
Many a motorist will grumble today as they get to the pumps and notice a jump in the fuel prices, following the two pence per litre increase in fuel duty, however environmental pressure group, Friends of the Earth (FoE) think the increase is necessary to coax us out of our cars.
finds that private jets are 10 times more carbon-intensive than airliners on average, and 50 times more polluting than trains in terms of CO 2 emitted per passenger-km. T&E calculates that a jet fueltax applied proportionately to flight distances could raise €325 million if applied to all flights departing from the EU and UK.
either through Ryder’s fueling facilities or its new mobile fueling solution that provides fuel deliveries directly into vehicles parked on customer sites. Cities must work with the private sector to reduce carbon pollution by transforming the energy we use to move people and goods.
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. So if governments don’t want to see their greenhouse gas reduction targets go up in smoke, they have to take measures to dampen demand for transport.
In our national effort to reduce carbon emissions, we need a practical, all-of-the-above strategy to help us achieve America’s climate ambitions. However, America’s clean energy transition has been characterized by siloed thinking and inflexibility despite significant advances in low-carbonfuel alternatives. More Work To Do.
Decreases in carbon intensity in transport to date have not resulted in reduced GHG emissions due to increased demand; existing regulation and efficiency improvements have effect but are far from sufficient, the project concluded.
They assessed purchaser technology choice for new vehicles on a cost-effectiveness basis using net present value (NPV) as a decision criterion, with parameters chosen to take account of factors such as consumer myopia with regard to fuel cost savings. Carbon accounting practices have a strong impact on total emissions.
The existing emissions trading system in Europe has not worked well, Paltsev says, partly because its price on carbon is quite low, and partly because it does not encompass enough different emissions-producing sectors of the economy. —Sergey Paltsev.
. – President Biden has pledged to build 500,000 new plugs over the next decade, in an effort to cut emissions from highways that are currently the single largest source of carbon emissions. – March 2, via TechCrunch. Legislation / Incentives / Policy.
With all this, consumers and policymakers alike are hopeful that society will soon greatly reduce its carbon emissions by replacing today’s cars with electric vehicles. In 2019, 63 percent of global electricity was produced from fossil-fuel sources, the exact nature of which varies substantially among regions. 6 million.
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. —John Heywood. MITEI’s study on “Mobility of the Future” will explore these and other questions.
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