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Replacing Fuel Tax A Government Quandary

CleanTechnica EVs

Election promises of more services and less taxes are ludicrous. So, as the proportion of electric cars on the roads rise, what will fill the funding gap left by the loss of petrol and diesel tax? continued] The post Replacing Fuel Tax A Government Quandary appeared first on CleanTechnica.

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Could an "electric fuel" tax for EV use help states solve the gas-tax dilemma?

Green Car Reports

The gas tax remains one of the main funding sources for road infrastructure, which has led to cries that electric-car drivers aren't paying their fare share of road maintenance costs. Consider electricity a fuel. A new bill circulating through the Minnesota legislature calls for an "electric fuel" tax for EVs.

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

Green Car Congress

Fuel saved, tax revenue lost. Fuel use dropped from 4.6 It also resulted in fuel-tax revenue reductions, which vary by state. (UC Davis Road Ecology Center). billion gallons in early March to 1.3 billion gallons during the second week of April, saving US drivers $8.6 billion per week.

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

Green Car Congress

In a letter sent to President Biden on 15 June, the AFPM (American Fuel & Petrochemical Manufacturers) and the API (American Petroleum Institute) listed what they called seven realities about the current situtation: Refined product prices are determined on the global markets. As of 10 June, EIA reported 93.7%

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California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax 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 President and CEO of Oberon Fuels. per gallon).

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Lordstown SEC probe, Tesla and fuel taxes, Polestar and Volvo updates: Today’s Car News

Green Car Reports

Tesla has tried to convince the UK to raise its fuel tax. A recall on two EVs underscores how over-the-air updates can simplify some safety recalls. And Lordstown Motors asserts that it will be cranking out an Endurance electric pickup every six minutes in September. This and more, here at Green Car Reports.

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With gas phase-out in view, Europe could lose $160 billion in fuel taxes

Teslarati

With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fuel taxes in the coming years. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas.

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