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A 2017 study in the Journal of Public Economics found that "a VMT tax designed to increase highway spending $55 billion per year increases annual welfare by $10.5 billion or nearly 20% more than a gasoline tax does because: (1) the differentiated VMT tax is better than the gasoline tax at targeting its tax to and affecting the behavior of those ...
Carbon pricing (or CO 2 pricing) is a method for governments to mitigate climate change, in which a monetary cost is applied to greenhouse gas emissions.This is done to encourage polluters to reduce fossil fuel combustion, the main driver of climate change.
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. Obama said, "The status quo is no ...
Carbon dioxide is one of several heat-trapping greenhouse gases (others include methane and water vapor) emitted as a result of human activities. The scientific consensus is that human-induced greenhouse gas emissions are the primary cause of climate change, [17] and that carbon dioxide is the most important of the anthropogenic greenhouse ...
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With these new standards, vehicles were required to meet an average emissions level of 250 grams of carbon dioxide per mile by model year 2016. This was the first time the EPA had taken measures to regulate vehicular GHG emissions under the Clean Air Act.
That legislation requires the N.C. Utilities Commission to approve a plan every two years that targets a goal of a 70% reduction in carbon dioxide emissions from Duke Energy’s 2005 levels by ...
An Oklahoma task force recommended lawmakers pass legislation in 2025 to create a full-scale pay-per-mile program.