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Tag Archives: U.S. Energy Information Administration
U.S. Ethanol Exports at Second-Highest Level on Record
U.S. ethanol imports fell 60% in 2016 to 36 million gallons, the lowest level since 2010. Imports were almost exclusively (99%) sugarcane ethanol from Brazil. Most of the imported ethanol went to the West Coast region, most likely for compliance with California’s Low Carbon Fuel Standard (LCFS) Program, which uses scoring rules that count sugarcane ethanol as a fuel with a much lower carbon content than corn ethanol. Continue reading
Equivalent Gas Tax or Fee on EVs to Offset Lost Revenue?
CBO said that if Congress were to levy an annual fee on EVs in an amount that is approximately proportionate with the amount paid in gasoline tax? Taking as a starting point an average driver of a light duty passenger vehicle with a gasoline engine, how much revenue could be raised during the next five years? Moreover what percent of the anticipated shortfall in the Highway Trust Fund would that be? Continue reading →