The Full Cost Of Driving: 34 Cents Per Minute, Not 5 Cents Per Minute
The Full Cost Of Driving: 34 Cents Per Minute, Not 5 Cents Per Minute
Engineering professor at the University of Minnesota breaks down the full cost of driving
cleantechnica.com
$0.05 fuel (currently paid, including gas taxes)$0.075 vehicle ownership$0.05 Repairs, oil, and maintenance (converting to a per minute charge)$0.05 insurance (converting to a per minute charge)$0.0133 additional fuel tax for transportation infrastructure (replacing vehicle taxes and general revenue)$0.10 externalities (excluding crash externalities – see insurance)$0.34 Total
Engineering professor at the University of Minnesota breaks down the full cost of driving
cleantechnica.com
$0.05 fuel (currently paid, including gas taxes)$0.075 vehicle ownership$0.05 Repairs, oil, and maintenance (converting to a per minute charge)$0.05 insurance (converting to a per minute charge)$0.0133 additional fuel tax for transportation infrastructure (replacing vehicle taxes and general revenue)$0.10 externalities (excluding crash externalities – see insurance)$0.34 Total
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