The Resource A CBO STUDY: The Economic Costs of Fuel Economy Standards Versus a Gasoline Tax

A CBO STUDY: The Economic Costs of Fuel Economy Standards Versus a Gasoline Tax

Label
A CBO STUDY: The Economic Costs of Fuel Economy Standards Versus a Gasoline Tax
Title
A CBO STUDY: The Economic Costs of Fuel Economy Standards Versus a Gasoline Tax
Contributor
Subject
Language
eng
Summary
Some Members of Congress and public interest groups have recently proposed raising the corporate average fuel economy (CAFE) standards for automobiles. Proponents of CAFE standards see them as a way to decrease the United States' dependence on oil and its emissions of carbon dioxide (the predominant greenhouse gas). In this study, the Congressional Budget Office (CBO) estimates the costs that raising CAFE standards would impose on automobile producers and consumers. This study also extends previous research by examining the potential cost savings from instituting a system in which producers could trade "fuel economy credits." Under that system, producers with high costs of complying with CAFE standards could meet the new standards by applying credits bought from producers that exceeded the standards. CBO also compares the costs of CAFE standards with those of a higher gasoline tax, an alternative policy for reducing gasoline consumption. Finally, CBO examines the available evidence on whether changing CAFE standards or the gasoline tax could improve social welfare, a general measure of society's well-being that includes not only the value derived from the goods and services that people consume but also factors that diminish the quality of life, such as pollution and traffic congestion
Cataloging source
DTICE
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
NATIONAL RESEARCH COUNCIL WASHINGTON DC
http://library.link/vocab/subjectName
  • Cost effectiveness
  • Economics
  • Fuel consumption
  • Consumption
  • Emission
  • Measurement
  • Congress
  • United states
  • Commerce
  • High costs
  • Traffic
  • Gases
  • Quality
  • Standards
  • Congestion
  • Budgets
  • Carbon dioxide
  • Passenger vehicles
  • Savings
  • Consumers
  • Gasoline
  • Greenhouse effect
  • Social welfare
  • Living standards
  • Taxes
  • Economics and Cost Analysis
  • Fuels
Label
A CBO STUDY: The Economic Costs of Fuel Economy Standards Versus a Gasoline Tax
Instantiates
Publication
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Extent
30 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE
Media category
computer
Media MARC source
rdamedia
Media type code
c
Note
Hein Online
System control number
  • (OCoLC)74260517
  • (OCoLC)ocm74260517
Label
A CBO STUDY: The Economic Costs of Fuel Economy Standards Versus a Gasoline Tax
Publication
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Extent
30 pages
Form of item
online
Governing access note
APPROVED FOR PUBLIC RELEASE
Media category
computer
Media MARC source
rdamedia
Media type code
c
Note
Hein Online
System control number
  • (OCoLC)74260517
  • (OCoLC)ocm74260517

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