Authors:

Agustina Peck

Date Created:

Not specified

Course Title:

Professor:

Not specified

About Paper:

Many states are grappling with a crucial decision: how to finance roads and new transportation projects with the absence of gas taxes from electric vehicles. The United States heavily relies on gas taxes for transportation investments, but the rising adoption of electric vehicles is reducing this revenue source. Policymakers face the task of selecting road-use financing strategies such as EV registration fees, alternative fuels tax, sub-metering electric charging facilities, mileage-based tax, or a general tax on all constituents. These policies will inevitably impact people, altering driving behavior and electric vehicle adoption rates. This REU project develops a Python-based simulation engine to assess the impacts of transportation financing policies, considering adoption trends, household incomes, and state-specific EV price trends. The project also addresses the significance of EV adoption and its financial implications for at-risk and disadvantaged communities.

Source:

Purdue University / 2023

Topics:

No topics listed

Co-authors:

Agustina Peck