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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 fueleconomy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climatechange. Earlier post.).
Meanwhile, significant gains in vehicle fueleconomy over the coming decades are possible and very much needed globally in order to address pressing issues of climatechange, energy security and sustainable mobility. Thus a $500 tax would still allow consumers to keep 3?4 4 of fueleconomy-related savings.
IEA fueleconomy readiness index status, 2010. New propulsion systems requiring new fuels, such as plug-in electric vehicle systems and fuel cell systems, are beyond the scope of this technology roadmap and are treated in separate roadmaps. Average fueleconomy and new vehicles registrations, 2005 and 2008.
The economy-wide CO 2 prices applied increase the cost of driving only marginally with respect to the business-as-usual case. 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.
Member states should consider strategies to compensate for the taxation shortfall from fuels due to higher fueleconomy by, for example, gradually adapting the minimum fueltax level in the EU to increase incentives to shift to higher fueleconomy and to keep total tax paid constant in real terms for both the consumer and the state revenues.
Strong economy-wide pricing measures (such as a $5.00 per gallon fueltax by 2050) could result in an additional reduction of 28% in GHG emissions. The Moving Cooler baseline extrapolated these projections further to 2050, resulting in a potential doubling or greater of fleet fuel efficiency. Land use and smart growth.
The recommendations include: Improving the fuel consumption of mainstream vehicles is the primary nearer-term opportunity for reducing fuel use and GHG emissions. Market-based incentives should be implemented to support the US Corporate Average FuelEconomy (CAFE) LDV requirements.
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