This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The gastax remains one of the main funding sources for road infrastructure, which has led to cries that electric-car drivers aren't paying their fare share of road maintenance costs. Consider electricity a fuel. A new bill circulating through the Minnesota legislature calls for an "electric fuel" tax for EVs.
Minnesota’s highway revenues are derived from three sources: the gastax, vehicle registration fee or tabs and the motor vehicle sales tax. These funding sources support construction and maintenance of the highway system. —Cory Johnson, project manager.
President Biden called on Congress to suspend the federal gastax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gastaxes as well or to find other ways to deliver some relief.
With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fueltaxes in the coming years. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas. What about in other countries?
users pay for the construction and maintenance of roads via a federal fueltax. Revenues from the tax go into the federal Highway Trust Fund, which is independent of the General Fund; every five years or so Congress passes an authorization bill to allocate these revenues. States use similar mechanisms. —Huang et al.
While Russia holds significant leverage in influencing oil and gas prices, it pales in comparison to China’s position in several strategic industries critical to the energy transition, says report author Michelle Michot Foss, fellow in energy and materials at the Baker Institute. —Baker Institute report Need Nickel?
As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fueltaxes as drivers of gas-powered cars do at gas stations. Declining Fuel-Tax Revenues: Beyond Electric Vehicles. MPG from 28.7.
in a press conference last week, is the linkage of transportation planning with greenhouse gas emissions reductions. DOT, through performance measures, would verify that States and metropolitan areas achieve progress towards national transportation-related greenhouse gas emissions reduction goals. Oberstar (D-Minn.) Mica (R-Fla.)
Ryder System, a leader in commercial fleet management, dedicated transportation, and supply chain solutions, has begun to offer 100% renewable diesel (RD) fuel at its San Francisco fueling facility. —Debbie Raphael, Director of San Francisco’s Department of the Environment.
greenhouse gas (GHG) emissions from the transportation sector, and in most cases make decisions that will likely increase. transportation, and ensure state fueltaxes can support all transportation modes. However, most states use few of the available transportation policy tools to reduce.
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. In January 2018, Assemblyman Phil Ting introduced a bill that would ban gas-powered cars by 2040. Grid overload is another concern.
EVs lack tailpipe emissions, sure, but producing, operating, and disposing of these vehicles creates greenhouse-gas emissions and other environmental burdens. about 60 percent of its electricity from fossil fuels, primarily natural gas, which produces less carbon than coal does. falls somewhere in the middle, deriving.
As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gastax. With states enacting new kWh taxes on EVs and EV charging, we want to make sure you have the right information.
The authors used the VMT data to calculate that emissions of US greenhouse gas (GHG) emissions were reduced by 4% in total and by 13% from transportation in the almost 8 weeks since many stay-at-home orders went into effect. Fuel use dropped from 4.6 It also resulted in fuel-tax revenue reductions, which vary by state.
We’re not sure how much maintenance cost you are going to incur and quite frankly you many need to replace the battery pack after 3-4 years and it may cost between $3,000-$5,000. Edwards believes that “ Gas prices alone are not what will increase hybrid sales. We can’t tell you what the resale value is going to be.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content