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According to NASA's Jet Propulsion Laboratory (JPL), the air today contains 400 ppm of CO 2 while the CO 2 level average over the past 400,000 years was between 200 ppm and 280 ppm. [ 5 ] [ 6 ] Saskatchewan never had a carbon pricing system and other provinces—Manitoba, Ontario, New Brunswick, and Alberta—have opted out of previous ...
The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [1][2] Proceeds from the tax partly support the Highway Trust Fund. The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023.
Total final consumption (TFC) is the worldwide consumption of energy by end-users (whereas primary energy consumption (Eurostat) [24] or total energy supply (IEA) is total energy demand and thus also includes what the energy sector uses itself and transformation and distribution losses). This energy consists of fuel (78%) and electricity (22%).
The program covered model year 2012 to model year 2016 and ultimately required an average fuel economy standard of 35.5 miles per US gallon (6.63 L/100 km; 42.6 mpg ‑imp) in 2016 (of 39 miles per gallon for cars and 30 mpg for trucks), a jump from the 2009 average for all vehicles of 25 miles per gallon.
The largest component of the average price of $2.80/gallon of regular grade gasoline in the United States from 2012 through 2021, representing 54.8% of the price of gas, was the price of crude oil. The second largest component during the same period was taxes—federal and state taxes representing 17% of the price of gas.
The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
Canada, like most countries, has excise taxes and other taxes on gasoline, diesel, and other liquid and gas motor fuels (collectively called fuel taxes), and also taxes electricity at various administrative levels. Most provinces and territories in Canada also have taxes on these motor fuels, and some metropolitan areas such as Montreal ...
Greedflation, or sellers' inflation [1] is a neologism used to describe the theory that some inflation is driven by increases in corporate profits. [2] [3] [4] The theory espouses that such inflation can arise from mechanisms such as price gouging, [5] price fixing or windfall gains resulting from information asymmetry, monopoly-like power and external shocks to the economy.