Income Taxation And Energy Demand

income taxation energy
Taxation of energy in the United States, the federal government does not impose an energy tax or a general sales tax that is broadly applicable to energy. However, excise taxes are imposed on certain fuels, and there are a number of income tax provisions specific to the energy sector. There are three separate categories of taxes and fees that affect energy use: (1) excise taxes/fees that primarily affect energy demand; (2) income tax provisions that primarily affect energy supply by operating on the after-tax rate of return on investment; and (3) income tax provisions that primarily affect the demand for specific energy sources. (more…)

Fuel Taxes in United States: Taxes On Gasoline and Diesel Fuel

Fuel Taxes in US
Economists have overwhelmingly favored fuel taxes over fuel economy standards as a means to reduce fuel or gasoline consumption because taxes give maximum flexibility to both vehicle manufacturers and purchasers and because they influence fuel consumption through both fuel demand and vehicle supply by making travel more expensive (thereby reducing vehicle miles traveled) and by creating an economic incentive for manufacturers to build efficient vehicles and for consumers to purchase them. (more…)

Hybrid Electric Cars: Cutting Emissions and Improving Fuel Efficiency

hybrid electric cars
It is a rare company prospectus that begins with a quotation from Goethe: “Whatever you can do, or dream you can, begin it. Boldness has genius, power, and magic in it.” But Lovins is not a normal entrepreneur, as anyone who has met this eccentric and disheveled but unmistakably visionary thinker knows. The founder of the Rocky Mountain Institute, a leading green think tank based in Old Snowmass, Colorado, thinks the car industry’s incremental approach to cutting emissions and improving fuel efficiency will never amount to much. He wants a complete redesign of the automobile, from the bottom up, and intends to show the big boys how it should be done. (more…)

Fuel Cycle Analysis of Vehicles and Transportation Fuels

fuel cycle

The fuel cycle for a given transportation fuel includes the following processes: energy feedstock (or primary energy) production; biomass feedstock transportation and storage; fuel production; fuel transportation, storage, and distribution; and vehicle operations that involve fuel combustion air or other chemical energy conversions. The processes that precede vehicle operations are often referred to as the well-to-pump (WTP) stage, the vehicle operations are referred to as the pump-to-wheels (PTW) stage, and the entire fuel cycle is referred to as the well-to-wheels (WTW) cycle. Various models have been developed that allow researchers to conduct fuel cycle analyses of vehicle/fuel systems. The GREET (greenhouse gases, regulated emissions, and energy transportation) model, developed by Argonne National Laboratory, is in the public domain and, so far, more than 1000 users worldwide have used the model to predict the energy use and emissions associated with alternative fuels vehicles. The GREET model and its documents are posted on the Internet at http:// greet.anl.gov. (more…)

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…)

New Tax Credits For Plug-In Hybrid Electric Vehicle (PHEV)

hybrid car tax
Under both former President Bush and new President Obama, the U.S. government has vowed to reduce reliance on imported oil. The nation is encouraging development of a transportation fleet that uses biofuels, fuel cell vehicles and hybrid electric technologies.

Us Government Program To Reduce Reliance On Imported Oil

To that end, the federal government, in late 2008, put in place new incentives – and extended others – designed to create a strong up-tick in sales of unconventional vehicles. As a result, the U.S. Energy Information Administration anticipates that hybrid cars will grow from 2% of new light-duty vehicles sold in 2007 to 38% by 2030. (more…)

Fuel Taxes in Europe to Reduce Fuel Consumption

Fuel Taxes in Europe
Analysis of future light-duty transportation energy use require estimates of the impact of fuel prices on travel and fleet fuel economy, estimates of the fuel price elasticity of travel, fuel economy, and fuel consumption are ubiquitous in the literature. However, there is substantial disagreement about the magnitude of these elasticities because travel volumes, fuel economy, and fuel consumption are dependent on several variables other than fuel price and because fuel prices have tended to be volatile during the past few decades, thereby complicating attempts to estimate long-run elasticities. Thus, the magnitude of the effect of changes in fuel taxes in US on fleet fuel economy and on travel volumes and fuel consumption is also subject to considerable disagreement. (more…)

Electric Cars as a Solution to Climate Change

The leading automotive brands are being focused to produce electric vehicles because they believe they represent a harmony to the environment and climate change solution. (more…)

Biomass Role in Global Climate Change and Global Environmental Policy

Climate change caused by the enhanced greenhouse effect is one of the most significant global environmental issues. Increased emissions of GHG to the atmosphere, most notably CO2 , are considered the main cause of global climate change. Increasing energy consumption, a reliance on fossil fuels to meet these needs, and deforestation related to land use change are the main sources of increasing atmospheric CO2. (more…)

Sulfur Gasoline as Source of Automotive Emissions

In recent years, there has been a greater understanding of the role of automotive emissions as environmental pollutants. Sulfur dioxide, nitrogen oxides, and carbon monoxide degrade the earth’s atmosphere and are health hazards. Carbon dioxide adds to the atmospheric buildup of greenhouse gases and in turn accelerates the process of global warming. (more…)

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