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In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fueltax when targeting an identical reduction in cumulative gasoline use (20% by 2050).
The Minnesota Department of Transportation (Mn/DOT) will recruit 500 people from Wright and Hennepin counties to take part in research to test technology that could someday be used to collect a mileage-based user fee (MBUF) in lieu of a gasoline tax. These funding sources support construction and maintenance of the highway system.
President Biden called on Congress to suspend the federal gas tax 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 gas taxes as well or to find other ways to deliver some relief.
However, a new study by researchers at the University of Gothenburg (Sweden) finds that middle- and high-income earners are generally affected the most by gasoline taxes, especially in poor countries, rather than poor people. Petrol taxes are effective and actually don’t affect poor people disproportionally.
In the Pre-Budget Report (PBR) released on 9 December, UK Chancellor Alistair Darling announced that all electric cars will be exempt from Company Car Tax (CCT) for 5 years and electric vans will be exempt from Van Benefit Charge (VBC) for the same period. This year’s PBR follows the first contraction in the global economy for 60 years.
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 fueltaxes, CO 2 prices at their projected levels are far too small to create a significant incentive to drive less.
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance. Nickel is no exception.
Researchers from the University of Iowa report the initial results of a 2-year field study evaluating the technical feasibility and user acceptance of mileage-based charging as a potential replacement for the current motor fueltax in a paper in Transportation Research Record: Journal of the Transportation Research Board.
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. The report assesses the magnitude and coverage of taxes on energy use in 2015, and considers change between 2012 and 2015.
The GFEI, a partnership of international agencies and top energy policy experts, suggests that these cost savings could in part be used to help offset the costs of developing a global market for electric vehicles over this time frame, since the savings are estimated to be at least four times bigger than these costs.
Their share will fall to just under 40% by 2050, with aviation set to grow to match road freight at around 22% of fuel consumption and emissions each. The report cites a number of policy options to support achieving the goal, including: Fuel economy or CO 2 emission standards. Vehicle taxes and incentives. Fueltaxes.
Burgeoning demands for mobility and private vehicle ownership undermine global efforts to reduce energy-related greenhouse gas emissions. Here, we develop state-of-the-art representations of consumer preferences in multiple global energy-economy models, specifically focusing on the non-financial preferences of individuals.
Two new reports—one on technology, the other on policy— released by the International Energy Agency (IEA) outline pathways to improve the fuel efficiency of combustion-engined road vehicles by 50% by the middle of the century, saving as much as four-fifths of current annual global oil consumption.
Switching from the automotive standards to the trading scheme could save as much as €63 billion, says the study’s lead author Sergey Paltsev, deputy director at MIT’s Joint Program on the Science and Policy of Global Change and senior research scientist at the MIT Energy Initiative. The results are published in the journal Transportation.
Assuming the China government remains committed to EVs, BCG expects that these vehicles will represent 7% of new vehicle sales in 2020, supported by car buyers’ enthusiasm for the technology and the country’s high gasoline taxes. A combination of peak oil with incentives or lower battery costs could increase EV penetration by 6%.
Therefore, offering a better solution for fuel filters, elastomer seals and components, and storage tanks. —Chris Nordh, Ryder Director for GlobalFuel Products. either through Ryder’s fueling facilities or its new mobile fueling solution that provides fuel deliveries directly into vehicles parked on customer sites.
Such standards are effective in overcoming barriers to the introduction of more efficient vehicles and fuels, while creating regulatory certainty for product developers and manufacturers. This should include carbon and energy taxing, for example, as proposed in the amendment of the Energy Tax Directive.
The Texas State Legislature is considering levying a tax against EV owners to fund road upkeep and improvement, and EV owners are on board. However, that reduced cost is now being challenged by a tax proposed by Texas State Legislature members that would either tax EV owners per mile driven or yearly with a flat fee.
Methane currently accounts for roughly 9% of domestic greenhouse gas emissions and has a global warming potential that is more than 20 times greater than carbon dioxide. The Administration is also working with partner countries to put in place the systems and institutions necessary to reduce global land-use-related emissions.
Since some 36% of diesel is used off-road, such as on farms, by manufacturing, industrial and commercial ventures, and boats, a fueltax for road use would impose an unfair burden onto these sectors, the government says.). In New Zealand, diesel and electric-powered vehicles pay for their road use through road user charges.
EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. R&D as above plus carbon tax applied from 2015, and increased over 10 years to a maximum value of €100/t (US$131) CO 2. With R&D plus a €100/t CO 2 carbon tax, lifecycle CO 2 emissions reduction doubles to 16?19%
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 fueltaxes. Anything that increases the cost of driving is soundly rejected by the public.
In addition, although many experts say that the solution to our energy and climate problems is sending the correct price signals to industry and consumers, the transport sector’s behavior is highly inelastic in that it does not change significantly in response to changes in fuel prices, at least in the range that is politically acceptable.
Green Car Congress had the opportunity recently to have a discussion with Mark Donaghy, the Global Marketing Manager for Valence Technology, Inc., Two global fulfillment centers—one in Rotterdam and one in Dallas—can ship product to customers within 72 hours. Click to enlarge. a provider of lithium-ion batteries, modules and packs.
A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.
The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. The growth of ZEVs represents a potential drain on motor vehicle fueltaxes, which could affect state transportation revenue.
The Fund is replenished by revenue collected from motor fueltaxes. The situation has worsened with decreasing fuel purchases; the advent of more fuel-efficient vehicles in the future would also further stress the existing funding mechanism. billion; Provides $337.4 The Highway Trust Fund.
As both EV adoption increases and internal combustion engine vehicles have become more fuel efficient, states are seeking to offset lost revenue from the gas tax. With states enacting new kWh taxes on EVs and EV charging, we want to make sure you have the right information. kWh tax begins on July 1, 2025.
Our 2020 study , published in Nature Climate Change , found that manufacturing a typical EV sold in the United States in 2018 emitted about 7 to 12 tonnes of carbon dioxide, compared with about 5 to 6 tonnes for a gasoline-fueled vehicle. Governments have offered subsidies or tax rebates to make EVs more appealing, a policy which the U.S.
—Philip Landrigan, director of Boston College’s Global Observatory on Pollution and Health. Africa is part of a global toll taken by air pollution, which killed an estimated 6.7 The African continent is undergoing a massive transformation, the co-authors note. billion in 2020 to 4.3 billion by 2100. Only AIDS causes more deaths.
Also included are tax credits for sustainable aviation fuel (SAF) producers, many of whom have already supported landmark flights powered by renewable, low-carbon advanced biofuels. The Advanced Biofuels Association looks forward to engaging with Congress and the Department of the Treasury for guidance around the IRA’s tax credits.
Even globally the number is relatively small: Region. In the short term, he believes OEMs need to boost their warranty support for hybrids; there needs to be some kind of a floor on resale value and fuel pricing (i.e. fueltax); and there needs to be assurances regarding OEM viability—all of which may involve government action.
For example, by 2025, 50% of FedEx Express global PUD vehicle purchases will be electric, rising to 100% of all purchases by 2030. Howe recently proposed a bill that would tax electricity as fuel at charging stations for electric vehicles and also proposed a bill to increase fees on electric vehicles. Jeff Howe, R-Rockville.
Policies should be implemented to enforce a carbon tax combined with an increasing fueltax; current CAFE regulations should be extended and new regulations should be implemented; and improvements in existing fuels that would achieve fleet-wide GHG emissions reductions should be explored.
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