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A nonprofit called Resources for the Future recently released a study that found repeal of the federal excise tax on heavy-duty commercial vehicles should be a key tool in the United States’ push to reduce trucking’s greenhouse gas emissions through electrification. The report argues removing the currently 12% excise tax on medium- and heavy-duty electric trucks can reduce the purchase cost, and that would be part of the long-term solution to reducing trucking and the overall transportation sector’s emissions. These findings back industry demands of recent months, including from American Trucking Associations.
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By Transport Topics4.1
1313 ratings
A nonprofit called Resources for the Future recently released a study that found repeal of the federal excise tax on heavy-duty commercial vehicles should be a key tool in the United States’ push to reduce trucking’s greenhouse gas emissions through electrification. The report argues removing the currently 12% excise tax on medium- and heavy-duty electric trucks can reduce the purchase cost, and that would be part of the long-term solution to reducing trucking and the overall transportation sector’s emissions. These findings back industry demands of recent months, including from American Trucking Associations.
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