Remove Fuel Tax Remove Tax Remove United States
article thumbnail

US COVID-19 mitigation efforts resulting in significant decline in traffic, emissions and fuel-tax revenues

Green Car Congress

Greenhouse gas emissions reductions from road transportation were down across the United States from early March to early April 2020. (UC The reduction in VMT per state was correlated with the number of COVID-19 cases and number of deaths (per 100,000 population)—i.e.,the Fuel saved, tax revenue lost.

Fuel Tax 243
article thumbnail

Texas considers EV tax, and EV owners are on board

Teslarati

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.

Texas 86
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

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 fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). Paltsev, M. Babiker, J.M. 2012.09.001.

article thumbnail

Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US. Senate Finance Committee Chairman Max Baucus (D-Mont.)

Tax 281
article thumbnail

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

Green Car Congress

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. The detailed report— Need Nickel?

China 416
article thumbnail

Auto Lobby Wants Input on Government EV Policy Before Changes Are Made

The Truth About Cars

Despite aggressively pushing for all-electric vehicles to supplant combustion models, the United States government seems to have suddenly realized that such a move could have some rather serious unintended consequences. Such solutions have been relatively popular in states where leadership sees the transition to EVs as mandatory.

Auto 57
article thumbnail

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

Green Car Congress

He points out that because of high fuel taxes and the resulting high cost of gasoline in Europe, the existing fleet of passenger cars there is already more efficient than the US fleet, so implementing stringent fuel efficiency standards would be more costly for Europe.

Standards 218