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government energy spending tracker - analysis and key findings. a report by the international energy agency.
fuel duties are levied on purchases of petrol, diesel and a variety of other fuels. they represent a significant source of revenue for government. in 2023-24, we expect fuel duties to raise £24.7 billion. that would represent 2.2 per cent of all receipts and is equivalent to £850 per household and 0.9 per cent of...
california’s sb x1-2 aims to help bring down gas prices, but unintended consequences may drive prices higher. andy walz explains in a letter to the cec.
economics of biofuels explained.
the upward march of fuel costs has emerged as one of the chief domestic political threats to the biden administration ahead of the midterm elections.
budget offers several fuel plans when you rent a car. ezfuel, self refueling & our own refueling service provide options for every rental. find out more.
global fuel economy initiative (gfei) is the leading partnership on fuel economy and efficiency, and runs projects, produces research and undertakes global advocacy for vehicle decarbonisation with partners fia foundation, icct, iea, and itf
the department of transportation’s bureau of transportation statistics (bts) today released u.s. airlines’ march 2024 fuel cost and consumption numbers indicating u.s. scheduled service airlines used 1.602 billion gallons of fuel, 15.1% more fuel than in february 2024 (1.392 billion gallons) and 4.9% more than in pre-pandemic march 2019. the cost per gallon of fuel in march 2024 ($2.77) was down 6 cents (2.2%) from february 2024 ($2.83) and up $0.74 (36.7%) from march 2019. total march 2024 fuel expenditure ($4.43b) was up 12.5% from february 2024 ($3.94b) and up 43.5% from pre-pandemic march 2019.
the u.s. department of energy (doe) publishes a final rule that revises the value for the petroleum-equivalency factor (pef). this final rule revises doe's regulations regarding procedures for calculating a value for the petroleum-equivalent fuel economy of electric vehicles (evs). the pef is...
amidst a global chorus calling for urgent action on climate change, major fossil fuel producers are doubling down on their plans to expand production, defying
we explain what fleet managers need to know about fuel surcharges, how to calculate them, and how to stay in the black despite fluctuating fuel costs.
includes a list that addresses allowability of costs/activities for some common expenses (advertising, intellectual property, meals, fringe benefits, etc.).
the global energy crisis pushed fossil fuel consumption subsidies to an all-time high in 2022 - a commentary by toru muta, musa erdogan
make these small changes when you drive to gain you some fuel savings
a handbook for utility regulators that details strategies for controlling the cost of fuel.
fleet cards are an essential tool for businesses with commercial vehicles as they allow business managers to oversee and track expenses, track routes, improve driver safety, and take advantage of ancillary advantages that go beyond fuel. those additional fuel card program advantages include vehicle maintenance, tire purchases, travel expenses, and sometimes even driver wireless expenses. […]
every fleet manager would want to know about ways to reduce fuel costs. here we discuss the top ten fuel management strategies to reduce fuel costs.
despite the challenges higher fuel costs bring to industries, few companies have made significant efforts to address the issue. fortunately, there are ways to mitigate the worst effects of the cost burden.
we estimate the effect of the natural gas fuel cost on the choices for a new power generator, the energy source gas, wind, or solar and its capacity. higher fuel costs increase odds of more renewable capacity, as opposed to gas, with large, significant effects for both wind and solar. as the u.s. has yet to implement nationwide carbon policies, we use fuel cost to proxy for a carbon tax. our scenarios of $10-to-$50 per ton of carbon dioxide (co2) reduce emissions from new generators by 22 to 47 percent, equivalent to 2 to 4 percent of total electricity emissions.
the fuel expense of a vehicle depends on several factors that should be taken into account such as: type of fuel, age of the vehicle, and its condition.
electric vehicles are cheaper to fill up than gas-powered counterparts in every state.
consumer valuation of fuel costs and tax policy: evidence from the european car market by laura grigolon, mathias reynaert and frank verboven. published in volume 10, issue 3, pages 193-225 of american economic journal: economic policy, august 2018, abstract: to what extent do car buyers undervalue...
discover the future of trucking with modern fuel payments. streamline your expenses, eliminate fuel fraud, and save money with digital payment solutions like relay.
explore strategies to cut down on fuel expenses during periods of high gas prices.
fossil fuels were key to industrialization and rising prosperity, but their impact on health and the climate means that we should transition away from them.
cafe standards saved $5 trillion in fuel costs and prevented 14 billion metric tons of carbon from being released into the atmosphere.
many of the lowest-income households spend three times more of their income on gasoline than the average household.
new standards will save americans hundreds of dollars at the pump over the lifetime of their vehicles
consider using procedures and tools that can effectively manage fuel spend and monitor mpg to assist you with optimizing your vehicle
learn about how to reduce fuel costs for your fleet and improve fleet efficiency to save time and money.
china and india, the world's two most populous developing economies, are also among the world's largest automotive markets and carbon emitters. to reduce carbon emissions from the passenger car sector, both countries have considered various policy levers affecting fuel prices, car prices and fuel economy. this study estimates the responsiveness of new car buyers in china and india to such policy levers and drivers including income. furthermore, we estimate the potential for rebound effect and the effectiveness of a feebate policy. to accomplish this, we developed a joint discrete-continuous model of car choice and usage based on revealed preference survey data from approximately 8000 new car buyers from india and china who purchased cars in 2016-17. conditional on buying a new car, the fuel consumption in both markets is found to be relatively unresponsive to fuel price and income, with magnitudes of elasticity estimates ranging from 0.12 to 0.15. for both markets, the mean segment-level direct elasticities of fuel consumption relative to car price and fuel economy range from 0.57 to 0.65. the rebound effect on fuel savings due to cost-free fuel economy improvement is found to be 17.1% for india and 18.8% for china. a revenue-neutral feebate policy, with average rebates and fees of up to around 15% of the retail price, resulted in fuel savings of around 0.7% for both markets. while the feebate policy's rebound effect is low - 7.3% for india and 1.6% for china - it does not appear to be an effective fuel conservation policy.
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with gas prices now rivaling unemployment as a key issue in this year’s election, isabel sawhill explains how rising gas prices adversely affect the economy and consumers, especially lower- and moderate-income households.
what are cafe standards?
statement from press secretary karine jean-pierre: “with memorial day weekend and the start of the summer driving season around the corner, the biden-harris administration is taking action to lower gas prices with the sale of one million barrels of gasoline from the northeast gasoline supply reserve. this builds on other actions by president biden to lower gas…