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

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Particularly on the East Coast, which has lost 70% of its pre-2009 refining capacity, incremental supplies have historically been imported from international markets to supplement domestic manufacturing. However, the cost of refining in other nations is currently higher.

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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The price ceiling will be set at A$20 above the expected international price and will rise by 5% in real terms each year. Transport fuels will be excluded from the carbon pricing mechanism. However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise.

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Study finds higher gasoline taxes do not disproportionately impact the poor, especially in developing countries

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Sterner is also the editor of the new book Fuel Taxes and the Poor, The Distributional Effects of Gasoline Taxation and Their Implications for Climate Policy , authored by 35 researchers. The researchers studied data from 25 different countries to investigate the concern that gasoline taxes affect poor people the most.

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T&E: Rising use of private jets sends CO2 emissions soaring

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T&E calculates that a jet fuel tax applied proportionately to flight distances could raise €325 million if applied to all flights departing from the EU and UK. The report suggests that revenues raised in this way could be used to accelerate the decarbonization of the aviation sector.

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Report: Tesla lobbied for higher taxes on gas and diesel vehicles in the UK

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Tesla lobbied the United Kingdom government to raise taxes on gasoline and diesel cars in order to fund higher subsidies for electric cars, The Guardian reported Tuesday.

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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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users pay for the construction and maintenance of roads via a federal fuel tax. 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.

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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International sources. Imported fuels and products would also be charged the same carbon fee that domestic fuels and products play, unless the exporting nation has similar climate program and already charges a fee on carbon.