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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas. —Christopher Knittel.

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Fossil Fuel Production Up in 2008 Despite Recession

Green Car Congress

World production of fossil fuels—oil, coal, and natural gas—increased 2.9% million tons of oil equivalent (Mtoe) per day, according to a Worldwatch Institute analysis. Energy prices reflected this shift: oil peaked at $144 per barrel in July, then fell to $34 per barrel in December. Oil production reached 10.7

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Study concludes abundant shale gas is neither climate hero nor villain; need for targeted GHG reduction policy

Green Car Congress

They also found that abundant natural gas can, however, help reduce the costs of achieving GHG reduction goals. Advances in technologies for extracting oil and gas from shale formations have dramatically increased production in the United States. With this abundance of natural gas comes a variety of questions.

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Tech: Are EVs More Expensive to Repair?

Clean Fleet Report

Comparing Repair Costs for EVs, Hybrids, Gas Cars. They include upfront price, maintenance costs, environmental implications, fuel consumption and more. Plus, it should have lower insurance costs and give you the best extended car warranty deal. So, the costs of repairs and maintenance have gone down. Bottom Line.

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EIA Annual Energy Outlook explores implications of behavior and demographics on light-duty vehicle energy demand

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million barrels of of oil equivalent per day—and represented nearly 10% of world petroleum liquids consumption. million barrels of oil equivalent per day in 2040. million barrels of oil equivalent per day in 2040,—resulting in total transportation sector CO 2 emissions more than 2% higher than in the Reference case.

Energy 199
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California Governor announces $120M settlement with NRG will fund electric car charging stations across California; new Executive Order to accelerate commercialization of ZEVs

Green Car Congress

stemming from claims reaching back to Dynegy and the California energy crisis in 2000 and 2001) that will mostly be applied to fund the construction of a statewide network of plug-in vehicle charging stations, including at least 200 public fast-charging stations and another 10,000 plug-in units at 1,000 locations across the state. Settlement.

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Biofuels to push up the cost of motoring

Green Cars News

Adding to the wave of criticism against the UK’s current policy for the use of biofuels in road transportation, The Times reports that the cost of filling up will rise as the European Union force oil companies to add more of the ‘green’ stuff to petrol and diesel. Tags: Biofuels cost motoring Oil.

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