Remove Financing Remove Fuel Tax Remove Maintenance
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Mn/DOT assessing potential for mileage-based user fee to replace fuel tax; Battelle conducting technology assessment

Green Car Congress

Minnesota’s highway revenues are derived from three sources: the gas tax, vehicle registration fee or tabs and the motor vehicle sales tax. These funding sources support construction and maintenance of the highway system. Other state DOTs also are researching alternative financing methods to supplement or replace a gas tax.

Fuel Tax 262
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

There are also unanswered questions about how to even finance electrification or road construction and maintenance given lost revenues from fuels taxes, Foss said. Thus, the success of EVs, much less anything else in the energy transition hopper, cannot be divorced from the geopolitics of the day.

China 416
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Belfer Center report calls for policymakers to begin taking steps to change policies for funding US transportation infrastructure

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The US has up to now adhered to the user-fee principle in financing transportation infrastructure—i.e., users pay for the construction and maintenance of roads via a federal fuel tax. In the meantime, cars and trucks have become more fuel-efficient. States use similar mechanisms. —Huang et al.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

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Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles. ZEVs require significantly less time and money spent on maintenance because they have only about 20 moving parts – about 1,800 fewer moving parts than traditional ICE vehicles.

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Analysis concludes that current transportation policy in most US states will likely worsen GHG emission trends in US

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transportation, and ensure state fuel taxes can support all transportation modes. Update transportation financing and funding formulas to reward reductions in driving, VMT, and fuel. States should seek to bring greater balance to their transportation investment plans.

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

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Establishing a new program to finance planning, design, and construction of high-speed rail. Currently, the US Highway Trust Fund supports the construction, repair and maintenance of highways. The Fund is replenished by revenue collected from motor fuel taxes. Highway account balance. Source: DOT. Click to enlarge.