Electric Vehicles

MIT Study: Applying Carbon Tax Can Relieve US Budget Deficit

According to a report released by Massachusetts Institute of Technology (MIT) on August 27, 2012, applying a carbon tax at the rate of $20 per ton in 2013 and increasing it by four percent per year can raise $1.5 trillion over a span of 10 years.  The report, which comes at a time when Congress…...

Washington Proposes New Support for Electric-Drive Vehicles

On May 19, the U.S. Senate Committee on Energy and Natural Resources held a full committee hearing to receive testimony on policies that promote advanced vehicle technologies and accelerated deployment of electric-drive vehicles. Witnesses discussed several bills that are now before the Senate that would advance vehicle technologies. Witnesses also noted that the President’s Budget…...