Green Car Congress

JULY 10, 2011

Transport fuels will be excluded from the carbon pricing mechanism. However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. A carbon price will be applied to domestic aviation, domestic shipping, rail transport, and non-transport use of fuels.

Tax Credit 199

Tax Credit Fuel Tax Carbon Australia 199

Green Car Congress

MARCH 8, 2010

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.

Tax Credit 220

Tax Credit Tax Emissions Fuel 220

Green Car Congress

DECEMBER 19, 2013

Of the 42 different energy incentives, 25 are temporary and expire every year or two, and the credits for clean electricity alone have been adjusted 14 times since 1978. If Congress continues to extend current incentives, they will cost nearly $150 billion over 10 years. Specific proposals include: Clean electricity tax credit.

Tax 281

Tax Tax Credit Cleaning Clean 281

Green Car Congress

SEPTEMBER 21, 2012

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO. Click to enlarge. Indirect effects.

Tax Credit 252

Tax Credit Gasoline Tax Gasoline-Electric 252

Green Car Congress

APRIL 5, 2009

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 fuel taxes. Anything that increases the cost of driving is soundly rejected by the public.

Energy 150

Energy Climate Change Oil Tax 150

Clean Fleet Report

SEPTEMBER 7, 2022

Congress has moved swiftly to pass this legislation–and rightfully so. But, there is still more that can be done to incorporate low-carbon fuel alternatives into our national climate strategy. After all, tax credits alone represent only half of what is needed to support a more robust supply of low-carbon fuels.

Tax Credit 105

Tax Credit Fuel Alternative Congress Tax 105

Baua Electric

FEBRUARY 14, 2025

For that, it would take an act of Congress. On Wednesday, Senator John Barrasso, of Wyoming, with a group of 14 Republican Senators signed on as co-sponsors of the bill, introduced legislation that could effectively end the EV tax credit. If adopted by Congress it might take effect as soon as 30 days after enactment.

Tax Credit 52

Tax Credit Tax Congress Gasoline-Electric 52