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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

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The dashed blue line is 2005 emissions; the scale on the right shows the percent of 2005 level. Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. Source: Morrow et al. Click to enlarge.

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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trillion in revenue over 10 years and reduce GHG emissions by approximately 20% from 2005 levels by 2025. Applied upstream, the fee would apply to 2,869 of the largest stationary sources, covering about 85% of US greenhouse gas emissions, according to the Congressional Research Service. Investment in energy efficiency and sustainable energy.

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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. The EU has also made a commitment to reduce emissions in sectors outside the EU ETS, including transportation, by 10% on year-2005 levels by 2020.

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IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

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New propulsion systems requiring new fuels, such as plug-in electric vehicle systems and fuel cell systems, are beyond the scope of this technology roadmap and are treated in separate roadmaps. Average fuel economy and new vehicles registrations, 2005 and 2008. Source: Technology roadmap. Click to enlarge. Policy package.

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Study Finds That Implementation of a Portfolio of Transportation Strategies Will Be Required for Significant Reductions in GHG from Transportation Sector; Pricing Strategies Have the Largest Potential

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per gallon fuel tax by 2050) could result in an additional reduction of 28% in GHG emissions. The net result in 2050 is a less than 1 percent increase from 2005 in GHG emissions from transportation, as the US population grows and travel increases. Tags: Climate Change Emissions Policy. Cambridge Systematics, Inc.