Tuesday, February 13, 2018

A Gas Tax Hike Would Generate $840 Billion, Add 1.2 Million EVs, Cut 1.3 Billion Barrels Fuel Use

Research shows a $0.25 U.S. gas tax increase would generate $840 billion in revenue, add 1.2 million total additional electric vehicles to the road, cut total fuel use by more than 1.3 billion barrels - all by 2050 - and would be equal to a $29/ton carbon tax on the transportation sector.

from Forbes Real Time https://www.forbes.com/sites/energyinnovation/2018/02/13/a-gas-tax-hike-would-generate-840-billion-add-1-2-million-evs-cut-1-3-billion-barrels-fuel-use/
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