Conversion, Fuel Economy, Fuel Tax and Renewable

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Conversion

Fuel Economy

Fuel Tax

Renewable

President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

JUNE 23, 2022

About half of US refinery shutdowns are conversions to renewable fuel production. Similarly, NHTSA’s new fuel economy standards project to reduce gasoline consumption by more than 200 billion gallons through 2050. Other important suppliers to the US., including refineries in Canada, are being similarly converted.

Congress

Congress Fuel Tax Tax Fuel

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

SEPTEMBER 21, 2012

Increased sales of electric vehicles allow automakers to sell more low-fuel-economy vehicles and still comply with the federal standards that govern the average fuel economy of the vehicles they sell (known as CAFE standards). Indirect effects. That effect may be large. Cultivate local PEV clusters.

Tax Credit

Tax Credit Gasoline Tax Gasoline-Electric

EV Driven

President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

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