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…)
We know of no studies that have examined vehicle taxation incentives programs elsewhere in the world, but it seems likely that ...
A number of countries have vehicle tax incentives programs designed to reward purchasers and owners of alternative fuel-efficient v ...
Economists have overwhelmingly favored fuel taxes over fuel economy standards as a means to reduce fuel or gasoline consumption ...
Whatever the actual motivation, American policymakers perceived a need after 1973 to restrict automobile and light truck cons ...
Under both former President Bush and new President Obama, the U.S. government has vowed to reduce reliance on imported oil. The ...
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…)
This latter form of new car taxes can actually serve as an impediment to higher fuel economy to the extent that increased energ ...
A number of countries have vehicle tax incentives programs designed to reward purchasers and owners of alternative fuel-efficient v ...
We know of no studies that have examined vehicle taxation incentives programs elsewhere in the world, but it seems likely that ...
Both state and federal funding is available for research and development of Plug-In Hybrid Electric Vehicle (PHEVs) and other alter ...
Economists have overwhelmingly favored fuel taxes over fuel economy standards as a means to reduce fuel or gasoline consumption ...
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…)
Economists have overwhelmingly favored fuel taxes over fuel economy standards as a means to reduce fuel or gasoline consumption ...
We know of no studies that have examined vehicle taxation incentives programs elsewhere in the world, but it seems likely that ...
Whatever the actual motivation, American policymakers perceived a need after 1973 to restrict automobile and light truck cons ...
This latter form of new car taxes can actually serve as an impediment to higher fuel economy to the extent that increased energ ...
Federal Excise Taxes placed on specific energy sources tend to reduce energy demand for these energy sources in both the short ...
Whatever the actual motivation, American policymakers perceived a need after 1973 to restrict automobile and light truck consumption of gasoline. How The Energy Policy and Conservation Act of 1975 imposed Corporate Average Fuel Economy (CAFE) standards on all auto and light truck manufacturers who sold vehicles in the Unite d States. The weighted average of miles per gallon (MPG) for each manufacturer’s car sales was required to be at least 18 MPG by 1978 and 27.5 MPG by 1985. Manufacturer s that failed to meet this standard were to be fined $50 per vehicle sold for each gallon (of MPG rating) by which they failed. (more…)
A number of countries have vehicle tax incentives programs designed to reward purchasers and owners of alternative fuel-efficient v ...
Economists have overwhelmingly favored fuel taxes over fuel economy standards as a means to reduce fuel or gasoline consumption ...
We know of no studies that have examined vehicle taxation incentives programs elsewhere in the world, but it seems likely that ...
This latter form of new car taxes can actually serve as an impediment to higher fuel economy to the extent that increased energ ...
Analysis of future light-duty transportation energy use require estimates of the impact of fuel prices on travel and fleet fuel ...
There are many possible reasons for suspecting market failure in a product like gasoline. Throughout the world, the exploration, refining, and selling of petroleum products has long been controlled by large firms in oligopolistic or monopolized national markets. The United States is a sufficiently large importer of oil that it could have monopsony power, which would mean that we could increase the welfare of our own citizens by reducing our imports. Moreover, the consumption of petroleum products, especially in motor vehicles, generates many negative external costs, and will begin to examine closely in the next chapter. Where there are negative externalities, a free market will overproduce and over consume. (more…)
Because transportation is such a large contributor to global warming, both globally and in the United States, climate and energy ex ...
In the post-World War II period, until the beginning of the 1970s, oil price fluctuations were very small. From 1949 to 1970, a ...
Most major oil and gas firms engage in both upstream (i.e., hydrocarbon exploration and production) and downstream (i.e., hydro ...
The volatility in oil prices since the early 1970s is a remarkable feature of energy economics. Annual fluctuations in the oil ...
Analysis of future light-duty transportation energy use require estimates of the impact of fuel prices on travel and fleet fuel ...