Fuel

European Union negotiators agreed to impose caps on carbon dioxide from trucks for the first time, stepping up the fight against climate change with a challenge to manufacturers such as Daimler AG.

The Federal Highway Administration has awarded over $10 million to states that are testing alternative methods to fund highway and bridge projects.

Volkswagen AG plans to save 1 million tons of carbon-dioxide emissions a year by making production of its first electric model carbon neutral, part of an effort to clean up its image in the aftermath of the diesel-cheating scandal.

WASHINGTON — Dave Bauer, the new leader of the American Road and Transportation Builders Association, said he believes that raising and indexing federal fuel taxes is the best way to achieve sustainable funding for infrastructure upgrades needed around the country.

Los Angeles will ditch a plan to spend billions rebuilding three natural gas-fired power plants as the city moves toward getting all of its electricity from renewable energy.

The low break-even costs to pump in the Permian are forcing Chevron to be more efficient everywhere, Wirth said, from the deepwater platforms in the Gulf of Mexico to its liquefied natural gas plants.

WASHINGTON — A vehicle-miles-traveled tax would present a good long-term solution for funding the nation’s infrastructure, while higher fuel taxes could address more near-term needs, representatives from the Association of American Railroads said.

OPEC reduced its estimate for the amount of crude the world needs it to pump this year as U.S. production continues to thrive and the demand outlook falters.

The U.S. average retail price of diesel froze during the week of Feb. 11, remaining at $2.966 a gallon.