Related Articles
Report
Forward article link
Share PDF with colleagues

EV's good vibrations

The Golden State prepares to tax petroleum demand into decline, promoting electric and zero-emissions vehicles

Two years ago this summer, California's Department of Motor Vehicles (DMV) resurrected its iconic, black and gold automobile licence plate, last issued in 1969. You'll pay a bit extra for it, but the plate is a hit with drivers nostalgic for an era of The Beach Boys—and ¢30 gasoline. Lawmakers in Sacramento are less wistful, though, and a fresh round of steep petrol taxes and vehicles fees is being prepared. California's goal? To push gasoline consumption from today's zero growth rate into outright decline. So confident are policy designers that they talk of the unthinkable: a steady decline in petroleum-tax revenues, forever. California has managed to suppress gasoline demand growth alread

Also in this section
The future is supercharged
11 August 2017
Electric vehicles are increasingly central to government policy and car manufacturers' plans alike. What does their uptake mean for the energy sector?
Uganda-Tanzanian pipe dream
10 August 2017
The Uganda-Tanzania oil pipeline route is close to becoming a reality. Kenya will have to go it alone
Maputo takes the plunge, Dar looks on
10 August 2017
Mozambique and Tanzania both have gas reserves likely to support extensive LNG exports, but only one of them is truly committed to exploiting them—at least for now