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The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use FuelTax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 per gallon of DME used and $0.06 per gallon).
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.
Advanced vehicles powered by low-carbon sources of electricity or hydrogen offer an alternative to conventional fossil-fuelled technologies. More than 90% of such vehicles are powered by internal combustion engines burning oil-derived fuels. Additionally, most consumers lack first-hand experience with these novel technologies.
The report of the task force, which was convened in 2011, brought together the views of a diverse group of stakeholders, including the car and oil industries, business associations, international organizations, EU member states and NGOs. These technologies will be needed to progressively meet standards.
This very rapid transition would need to be catalyzed by a combination of a more stringent ZEV mandate, buyer incentives, and deployment of public charging and hydrogen infrastructure. Transportation pricing: Gasoline taxes. Shift to VMT-based road fees as the number of ZEVs grows and fueltax revenues decline.
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