This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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 President and CEO of Oberon Fuels. per gallon).
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 fueltax when targeting an identical reduction in cumulative gasoline use (20% by 2050). —Karplus et al. Paltsev, M. Babiker, J.M. 2012.09.001.
The Virginia General Assembly is moving forward with legislation ( HB2313 ), that, among its other elements, would abolish the state’s gasoline and diesel fueltaxes and replace them with a sales tax. Currently, both gasoline and diesel carry a $0.175/gallon fueltax. cents-per-gallon tax.
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.
Lastly, we examine alternative funding mechanisms include a fueltax for hydrogen and electricity, as well as a road user charge (RUC). The proposed transition is expected to cost less, to be easier to administer and to provide a smooth transition away from gasoline taxes.
We are researching alternative financing methods today that could be used 10 or 20 years from now when the number of fuel efficient and hybrid cars increase and no longer produce enough revenue from a gas tax to build and repair roads. —Cory Johnson, project manager.
California has the highest gasoline taxes (state excise, other state tax, and federal excise) in the country, at 70.87 The nationwide average tax on motor diesel fuel is 55.41 The federal tax on diesel is 24.4 The average state diesel fuel excise tax was 18.98 cpg, followed by New York (67.97
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%
As of 31 July, fiscal 2014 tax revenue from sales of compressed natural gas (CNG) and liquefied natural gas (LNG) motor fuel totaled $2,178,199, according to the Texas state Comptroller’s office. State forecasters projected fiscal 2014 natural gas motor fueltax revenue of $992,000, equal to sales of 6.6
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 FuelTax A Government Quandary appeared first on CleanTechnica.
Under the scheme, around 500 of the largest emitters in Australia—facilities that have direct greenhouse gas emissions of 25,000 tonnes of CO 2 -equivalent per year or more (excluding emissions from transport fuels and some synthetic greenhouse gases)—will need to buy and surrender to the Government a permit for every tonne they produce.
Eleven states currently assess fees on electric vehicle owners in lieu of traditional fueltaxes, according to the US Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE). Highway maintenance has traditionally been funded from a combination of Federal and state taxes collected at the fuel pump.
Tesla has tried to convince the UK to raise its fueltax. 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.
As part of a comprehensive reform plan to simplify the Commonwealth of Massachusetts’ transportation system, Governor Deval Patrick is proposing a fueltax increase of $0.19 The increased fueltax is intended to be in lieu of an increase in tolls. per gallon—a 81% increase of the current $0.235 per gallon.
A bi-partisan Congressionally-created commission has recommended a shift from motor fueltaxes to direct fees charged to transportation infrastructure users—i.e., The gas tax, which is not currently indexed to inflation, has lost 1/3 of its purchasing power since 1993, the last time the tax was increased.
billion over the next decade through an increase in fueltaxes and vehicle fees—including on zero emission vehicles (ZEVs)—to fix roads, freeways and bridges in communities across California and put more dollars toward transit and safety. California Governor Edmund G. The bill will raise $52.4
Sivak found that while the vehicle fuel economy of the entire light-duty fleet improved by 40% (from 13 mpg US to 21.6 l/100km), because of the decrease in vehicle load, the occupant fuel economy only improved by 17% (from 24.8 In other words, a 20% increase in fuel economy would result in a net 18% reduction in fuel consumption.
In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to the US Energy Information Administration (EIA). These taxes have increased in 13 states since July 2022. In 2023, the state plans to phase the tax back in by $0.05/gal
According to the Federal Highway Administration, the average fuel economy for all light vehicles on the road today is 22.3 The Federal tax on gasoline is 18.4 cents per gallon, and each state has a gasoline tax, ranging from 8.95 Based on a vehicle with an average fuel economy of 22.3 cents in Alaska to 58.7
With Europe’s gas phase-out plans now within view, the countries there could be set to lose significant funding from fueltaxes in the coming years. Still, the change could have some latent effects, especially as most countries get crucial revenue from taxes on gas.
The legislation also proposes numerous actions against financing and support for fossil fuel industries. 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. International sources.
A new study from the Harvard Kennedy School’s Belfer Center for Science and International Affairs finds that reducing greenhouse gas emissions from transportation will be a much bigger challenge than many assume, and will require substantially higher fuel prices combined with more stringent regulations.
The taxes fall into three broad categories: vehicle acquisition (VAT, sales tax, registration tax); ownership (annual circulation tax, road tax); and motoring (fueltax). Motor tax revenues collected by governments have increased by almost 3% compared to the previous year, and the grand total of €440.4
As sales of electric vehicles begin to reach significant numbers across the US, states are exploring approaches to replace lost tax revenue since EV drivers don’t pay fueltaxes as drivers of gas-powered cars do at gas stations. Unfortunately there is currently no simple and agreed upon best replacement for the fueltax.
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. It also would repeal a number of current tax incentives, including those for plug-in electric vehicles and fuel cell vehicles.
Other elements of the PBR to support lower-carbon transportation include: The PBR 2009 confirms that—as announced at Budget 2009—fuel duty will increase by one penny per liter (US$0.06 The provision of free fuel to company car drivers provides a perverse environmental incentive, the report noted. HM Treasury’s Pre-Budget microsite.
T&E calculates that a jet fueltax applied proportionately to flight distances could raise €325 million if applied to all flights departing from the EU and UK. European policymakers need to urgently start taxing fossil-fuel powered private jets and ban their use by 2030. —Andrew Murphy.
IEA fuel economy readiness index status, 2010. New propulsion systems requiring new fuels, such as plug-in electric vehicle systems and fuel cell systems, are beyond the scope of this technology roadmap and are treated in separate roadmaps. Average fuel economy and new vehicles registrations, 2005 and 2008.
Sterner is also the editor of the new book FuelTaxes 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.
users pay for the construction and maintenance of roads via a federal fueltax. 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. —Huang et al.
Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Climate Change Emissions Fuel Efficiency Fuels Heavy-duty Policy' Earlier post.).
Ryder System, a leader in commercial fleet management, dedicated transportation, and supply chain solutions, has begun to offer 100% renewable diesel (RD) fuel at its San Francisco fueling facility. Therefore, offering a better solution for fuel filters, elastomer seals and components, and storage tanks.
As on a volumetric basis, diesel contains more carbon than gasoline, the tax on diesel fuel would increase. Recent work from the French transport accounts commission confirmed previous results of the French Ministry for Sustainable Development: gasoline is overtaxed, and diesel fuel is undertaxed.
Meanwhile, significant gains in vehicle fuel economy over the coming decades are possible and very much needed globally in order to address pressing issues of climate change, energy security and sustainable mobility. carbon fuel vehicles will be needed to continue to decarbonize LDVs and reduce oil use out to 2050 and beyond.
Would a by-the-kilowatt-hour charging tax help states recover infrastructure funds from dwindling gas tax revenues? Volvo is moving to online-only sales, starting with its EVs. Volkswagen looks ahead to its 2026 EVs. And we bring you range and road-trip charging impressions for the 2021 VW ID.4. Volvo is.
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.
Which electric SUV arriving later this year makes an “awesome car-camping setup,” according to the company’s CEO? Owners of which electric vehicle will soon get new battery packs in the U.S. and elsewhere? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending March 12, 2021.
Comparison of 2015-2020 new vehicle potential fuel-saving technologies for seven vehicle types: tractor trailer (TT), Class 3-6 box (box), Class 3-6 bucket (bucket), Class 8 refuse (refuse), transit bus (bus), motor coach (coach), and Class 2b pickups and vans (2b). This is called load-specific fuel consumption (LSFC). Source: TIAX.
The International Energy Agency (IEA) has estimated that fuel consumption and emissions of CO 2 from the world’s cars will roughly double between 2000 and 2050. Worldwide, cars currently account for close to half of the transport sector’s fuel consumption and CO 2 emissions. Click to enlarge. litres per 100 km).
China’s status as a battery gatekeeper—along with its stationary storage capabilities in power grids and its emergence as the “factory to the world” on energy, non-fuel minerals and other key commodities—presents major challenges according to Foss. Source: CES worldwide minerals trade visualization, [link] trade-dashboard.
The nonpartisan US Congressional Budget Office (CBO) estimates that federal policies to promote the manufacture and purchase of electric vehicles, some of which also support other types of fuel-efficient vehicles, will have a total budgetary cost of about $7.5 —“Effects of Federal Tax Credits for the Purchase of.
If Congress approves the tax holiday, current federal fueltaxes of 24 cents per gallon for gasoline and 18 cents per gallon for. Aimed at providing relief from high gas prices brought on by Russia's invasion of Ukraine, the policy is already drawing skepticism.
It also discusses fueltaxes and prices, which affect both travel and vehicle choices. Policies to promote these options include travel planning, fuel and road price increases, dedicated infrastructure or prioritization for non-motorized modes, and training and education campaigns. Rebound effects need to be addressed.
California drivers pay two types of state taxes on gas: sales tax, which is a percentage of the price, and a per-gallon excise tax. The fueltax swap lowered the sales tax rate on gasoline to 2.25% and requires the BOE to set a per-gallon excise tax rate annually before 1 March.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content