Cars
Here’s a conundrum: the government is hell-bent on reducing the average fuel consumption, and thus CO2 emissions, of new vehicles. It’s even offering federal tax incentives to buyers who choose to go “greenâ€, i.e. hybrids or all-electrics.
- Report Says U.s. Automobile Sector Contributed $135 Billion In Taxes In 2010
It’s no secret that the motor vehicle sector is the largest manufacturing industry in the United States, but how big is it in terms of state and federal tax revenues? This is a question the Center for Automotive Research (CAR), a nonprofit research...
- Gop Budget Committee Wants To Axe All “green†Loan Programs And High-speed Rail Funds
Five years ago, U.S. President at the time George W. Bush created the Advanced Technology Vehicle Manufacturing Program. It was a legislation providing up to US$25 billion of low-cost government loans to automakers in order to restructure their facilities...
- Obama Proposes Higher Incentives For Alternative Fuel Car And Truck Buyers
The current U.S. administration is committed to reducing car and truck fuel consumption and emissions. It has already managed to make major manufacturers agree on its 54.5 mpg Corporate Average Fuel Economy (CAFE) 2025 target. Yet President Barack Obama...
- Government Lets Tax Breaks Expire Just When Evs And Plug-in Hybrids Are Increasing In Numbers
The U.S. government has pushed automakers hard on the issue of reducing their fleets average fuel consumption and CO2 emissions – and even though it made some concessions, it eventually won their support. What’s surprising is the fact that...
- Boston City Adjusts Red Lights, Cuts Traffic, Emissions And Consumption
How many times have you been stuck in traffic at a red light for no apparent reason? Most probably, all of you. This summer the Boston Transportation Department decided to take action by performing a series of timing adjustments to traffic signals at...
Cars
Congress Urged to Impose New Mileage-Based Tax to Pay for Road Repairs
Here’s a conundrum: the government is hell-bent on reducing the average fuel consumption, and thus CO2 emissions, of new vehicles. It’s even offering federal tax incentives to buyers who choose to go “greenâ€, i.e. hybrids or all-electrics.
It follows that, lowering fuel consumption, means lower income from federal gas taxes that have remained the same since 1993. Without new sources of revenue, the Congressional Budget Office estimated last August that the Highway Trust Fund will need at least US$110 million in funding for road repairs.
Ah, but government officials are already taking care of that.
Read more »- Report Says U.s. Automobile Sector Contributed $135 Billion In Taxes In 2010
It’s no secret that the motor vehicle sector is the largest manufacturing industry in the United States, but how big is it in terms of state and federal tax revenues? This is a question the Center for Automotive Research (CAR), a nonprofit research...
- Gop Budget Committee Wants To Axe All “green†Loan Programs And High-speed Rail Funds
Five years ago, U.S. President at the time George W. Bush created the Advanced Technology Vehicle Manufacturing Program. It was a legislation providing up to US$25 billion of low-cost government loans to automakers in order to restructure their facilities...
- Obama Proposes Higher Incentives For Alternative Fuel Car And Truck Buyers
The current U.S. administration is committed to reducing car and truck fuel consumption and emissions. It has already managed to make major manufacturers agree on its 54.5 mpg Corporate Average Fuel Economy (CAFE) 2025 target. Yet President Barack Obama...
- Government Lets Tax Breaks Expire Just When Evs And Plug-in Hybrids Are Increasing In Numbers
The U.S. government has pushed automakers hard on the issue of reducing their fleets average fuel consumption and CO2 emissions – and even though it made some concessions, it eventually won their support. What’s surprising is the fact that...
- Boston City Adjusts Red Lights, Cuts Traffic, Emissions And Consumption
How many times have you been stuck in traffic at a red light for no apparent reason? Most probably, all of you. This summer the Boston Transportation Department decided to take action by performing a series of timing adjustments to traffic signals at...