Tag Archives: transportation fuels

Reaganomics for fuel economy?

electric-car

I chuckled when I saw this article extolling how CAFE fuel economy standards should be replaced with “clean tax cuts.” One proponent said, “If you want more of something, tax it less.”

But apparently, these incentives work only one direction. “It’s very common, historically, for companies to not meet the targets and just pay the fines,” said Josiah Neeley, a senior fellow for the R Street Institute. However, the auto companies were not happy with a proposal to increase the penalty 155%.  Does that mean that the penalty got large enough to incent greater compliance?

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A real game changer in EVs?

General Motors announced the new Chevy Bolt with a 200-mile range at $30,000 after federal incentives (and less with state incentives). This range works for most households as a primary car (versus a commuter with a 40-50 mile range) and it’s in the price range of many other alternatives.

The question is whether EVs are environmentally beneficial yet in the eastern U.S. Car technology may be getting ahead of the electricity grid.