Tax Credit for New Car Purchase in Europe

tax credit new car
We know of no studies that have examined vehicle taxation incentives programs elsewhere in the world, but it seems likely that there are a number of tax regimes that affect vehicle fuel economy, albeit indirectly.

Aside from new car tax credit for new car aimed specifically at fuel economy or associated vehicle characteristics, (more…)

Long-Term Biofuel Industry Growth Remains Strong

biofuel industry
Biofuels are made from living matter, plant or animal, and are strongly favored by agricultural interests because of the large boost they bring to domestic farms. Most U.S. biofuels is made from corn (ethanol) or soybeans (biodiesel), although several unusual fuel sources are emerging, including algae and oil waste from deep-frying of foods. The biofuels industry experienced meteoric growth in 2005, 2006 and early 2007, but then it began to slow because of high feedstock prices. Private investment in biofuels finished off 2007 at $2.1 billion, according to ‘Global Trends in Sustainable Energy’, a report by New Energy Finance and United Nations Environmental program. (more…)

U.S Government Sponsorship For Vehicle Efficiency Technology R&D

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Although the automotive industry is a vigorous sponsor of research and development in vehicle efficiency technology—worldwide, nearly $20 billion U.S. worth in 1997—governments throughout the world sponsor additional automotive R&D, both separately from and in partnership with the industry. This work focuses primarily on four areas: emissions reduction, safety, fuels, and fuel economy. Within the past few years, government sponsorship of automotive R&D has moved sharply in the direction of attempting to advance the performance and cost-effectiveness of automotive fuel cells vehicles, which address three of the four areas: emissions, fuels, and fuel economy. (more…)