New Car Tax Credit Promoting Higher Fuel Economy in Japan

new car tax credit
This latter form of new car taxes can actually serve as an impediment to higher fuel economy to the extent that increased energy efficiency is attained with high-cost technology, such as continuously variable automatic transmissions, hybrid electric vehicles drive trains, and variable valve controls, and such taxes add to the cost of these technologies. (more…)

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…)

The Role of Governments in Energy Research and Development

Not surprisingly, most Energy Research and Development takes place in industrialized countries where both the public and private sectors are involved in the development of energy technologies. Given that most energy technologies are deployed through the marketplace, the predominant focus of Energy Research and Development is within firms. Still, governments have historically played an important role in the Research and Development of new energy technologies through direct financial support (e.g., gas turbines) as well as through policies that promote Energy Research and Development within firms. (more…)