Full Title: Retained Transportation Fuel Spending in the Southeast: Electric vs Internal Combustion Vehicles
Author(s): Heather Pohnan, Stan Cross, Maggie Shober
Publisher(s): Southern Alliance for Clean Energy (SACE)
Publication Date: August 27, 2021
Full Text: Download Resource
Description (excerpt):
“Retained Transportation Fuel Spending in the Southeast: Electric vs Internal Combustion Vehicles” developed by the Southern Alliance for Clean Energy (SACE) analyzes how much consumers spend on gas and diesel, how much of that transportation fuel spending remains in a given Southeast state, and how much leaves. The analysis then looked at what happens if all on-road gas and diesel-powered cars, trucks, and buses are replaced with vehicles that drive entirely on electricity. We found that electrifying transportation could provide an economic boon for Alabama, Georgia, Florida, North and South Carolina, and Tennessee and that currently $47 billion is currently being left on the table by driving gas and diesel-powered vehicles.