Remove Climate Remove Environment Remove Fuel Tax Remove Gasoline
article thumbnail

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Green Car Congress

Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. These changes mainly result from fuel tax reforms in China, India and Mexico, the report said.

article thumbnail

Study finds higher gasoline taxes do not disproportionately impact the poor, especially in developing countries

Green Car Congress

Although increased gasoline taxation has been proposed as a very effective instrument to reduce greenhouse gas emissions, a common argument against such a measure is that it is regressive—i.e., Petrol taxes are effective and actually don’t affect poor people disproportionally. it hits poor people the hardest.

Tax 239
article thumbnail

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

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 fuel taxes, CO 2 prices at their projected levels are far too small to create a significant incentive to drive less.

article thumbnail

Proposed US Transportation Reauthorization Plan Links Greenhouse Gas Reductions to Transportation Planning

Green Car Congress

The bill—which according to Oberstar and Mica has strong bi-partisan support in the House—is designed to achieve specific objectives: Reduce fatalities and injuries on US highways; Reduce congestion; Provide transportation choices for commuters and travelers; Limit the adverse effects of transportation on the environment; and.

article thumbnail

We Need More Than Just Electric Vehicles

Cars That Think

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. Most automotive manufacturers say they plan to use renewable energy in the future, but for now, most battery production relies on electric grids largely powered by fossil fuels.