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API releases latest report on US and state fuel taxes

Green Car Congress

The nationwide average tax on gasoline is $0.4972/gallon (49.72 22 cpg from the October 2013 study. The federal tax on gasoline is 18.40 The average state gasoline excise tax is 20.88, down nearly.50 The nationwide average tax on motor diesel fuel is 55.41 41 cpg from the October 2013 study.

Tax 240
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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

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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?

China 416
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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

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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.

Oil 150
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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

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CO 2 emissions from transportation sector by scenario in the study. 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. Source: Morrow et al. Click to enlarge. —Morrow et al.

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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

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In our study we focus on cars, while the EU also imposed the emission targets for vans (which account for around 10% of the EU market for light-duty vehicles) and considered a strategy to reduce CO 2 emissions from trucks, buses, and coaches. In addition, it only addresses the most energy-intensive sectors, primarily power generation.

Standards 218
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Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

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Policies to entice consumers away from fossil-fuel powered vehicles and normalize low carbon, alternative-fuel alternatives, such as electric vehicles, are vital if the world is to significantly reduce transport sector carbon pure-emissions, according to a new study. —David McCollum.

Carbon 231
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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

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The study concludes that China and Europe, not the United States, will be the largest markets for EVs in 2020, driven by strong government support. A combination of peak oil with incentives or lower battery costs could increase EV penetration by 6%. However, China is a major wildcard. Source: BCG. Click to enlarge.

CO2 246