Search Results for transportation-fuels
5 item(s) were returned.

Subsidies for Electric Vehicles Favor the Wealthy

Author(s): Wayne Winegarden, Ph.D
Senior Fellow, Business and Economics
Pacific Research Institute
Date: March 12, 2018 at 11:00 AM

Electric vehicles are heavily subsidized by the federal, state, and local governments. Based on a study I just completed, the federal subsidies are worth over $42.7 billion to their recipients over the lifetime of the programs. They include the federal grant and loan programs for manufacturers, and the consumer tax credits worth $7,500 per consumer. State and local governments also provide tax credits to purchase electric vehicles (up to $7,500 per consumer), subsidize investments in charging stations, and even offer perks such as access to HOV lanes, access to free vehicle charging, and free meter parking (in Hawaii). Then there… [more]

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Will We Ever Stop Using Fossil Fuels?

Date: February 4, 2016 at 1:46 PM

Full Title: Will We Ever Stop Using Fossil Fuels? Author(s): Thomas Covert, Michael Greenstone, and Christopher R. Knittel Publisher(s): Journal of Economic Perspectives Publication Date: 2016 Full Text: ->DOWNLOAD DOCUMENT<- Description (excerpt): Scientists believe significant climate change is unavoidable without a drastic reduction in the emissions of greenhouse gases from the combustion of fossil fuels. However, few countries have implemented comprehensive policies that price this externality or devote serious resources to developing low-carbon energy sources. In many respects, the world is betting that we will greatly reduce the use of fossil fuels because we will run out of inexpensive fossil fuels… [more]

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Fuel Choice for American Prosperity and Security Act

Author(s): Congresswoman Ileana Ros-Lehtinen (R-FL)
U.S. House of Representatives
Date: October 1, 2014 at 7:09 AM

Along with my colleagues Reps. Tom Cole (R-OK) and Matt Salmon (R-AZ), I introduced the Fuel Choice for American Prosperity and Security Act (FCAPS, or H.R. 5107), a bill to promote fuel competition in our transportation sector. In particular, FCAPS aims to: Improve energy and national security by reducing the strategic importance of oil; Save consumers money at the pump by opening vehicles to fuel competition; Spur economic growth by allowing industry to capitalize on more of America’s natural resources; and Reduce the financial burden for automakers and consumers of meeting corporate average fuel economy (CAFE) regulations. Opening cars to… [more]

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Refueling the Future with Alcohol Fuels

Author(s): Eyal Aronoff
Fuel Freedom Foundation
Date: August 22, 2014 at 2:56 PM

The lack of alternative energy sources to fuel our vehicles and replace expensive oil, jeopardizes U.S. national security, forces Americans to pay more at the pump, and greatly represses our ability to reduce pollution and address climate change concerns. In my state of California, 74% of all emissions – including CO2, toxic pollutants, ozone forming emissions and more – come from petroleum. Oil accounts for 65% of California’s GHG emissions, compared to 33% from natural gas, and less than 2% from coal. Meanwhile, each year, the U.S. spends more than $600 billion to buy oil and oil products, which is… [more]

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Should The Renewable Fuel Standard Change With Fuel Demand?

Author(s): Matthew Carr
Managing Director, Industrial & Environmental Section
Biotechnology Industry Organization
Date: October 30, 2013 at 7:00 AM

A recent editorial in the Wall Street Journal, co-signed by Rep. Patrick Meehan (R-Pa.), argues that growing renewable fuel obligations under the federal Renewable Fuel Standard (RFS) have come into direct conflict with declining U.S. demand for transportation fuel.  The editorial asserts that current fuel distribution infrastructure and automobile engine guidelines limit the amount of ethanol that can be blended into gasoline to 10 percent, creating a “blend wall” beyond which further blending of ethanol becomes economically unreasonable. Meanwhile, in response to high fuel prices, consumers have radically curbed their driving habits and sought out new cars that meet more… [more]

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