article thumbnail

UMTRI study finds US diesel vehicles generally have lower total cost of ownership than gasoline vehicles

Green Car Congress

Diesel vehicles generally saved owners between $2,000 to $6,000 in total ownership costs during a three to five year period when compared to similar gasoline vehicles, according to data compiled by the University of Michigan Transportation Research Institute (UMTRI). —“Total Cost of Ownership”. Fuel Costs.

Cost Of 262
article thumbnail

Rhodium Group estimates US GHG emissions rose 1.3% in 2022

Green Car Congress

Industrial production was affected by supply chain turmoil and rising oil prices, leading to higher production and shipping costs. However, once the cost of oil began to affect transportation fuel costs, demand remained below 2019 levels for the rest of the year. below 2005 levels. In 2022, emissions reached only 15.5%

Emissions 273
article thumbnail

EPA proposes rule for nationwide 30% cut in GHG from existing power plants by 2030 relative to 2005

Green Car Congress

The US Environmental Protection Agency (EPA) released the already widely-discussed (albeit without much detail) “Clean Power Plan” proposal, which mandates a national average 30% cut in greenhouse gas emissions from existing power plants from 2005 levels by 2030. EPA is only proposing goals for states with fossil fuel-fired power plants.

2005 210
article thumbnail

DOE to award up to $750M to support clean hydrogen electrolysis, manufacturing and recycling

Green Car Congress

The US Department of Energy (DOE) intends to issue $750 million in funding to reduce the cost of clean-hydrogen technologies. ( DE-FOA-0002921 ) The activities to be funded under this FOA support Sec.

Clean 284
article thumbnail

Biden authorizes release of more than 180M barrels of oil from Strategic Petroleum Reserve; 1M bpd for 6 months

Green Car Congress

In an effort to address the rapidly increasing cost of gasoline, President Biden authorized the release of 1 million barrels of oil per day for the next six months—more than 180 million barrels—from the Strategic Petroleum Reserve (SPR). 2005 Hurricane Katrina Sale. President George W.

Oil 418
article thumbnail

Study shows bamboo ethanol in China technically and economically feasible, cost-competitive with gasoline

Green Car Congress

Now, researchers at Imperial College London have shown that bioethanol production from bamboo in China is both technically and economically feasible, as well as cost-competitive with gasoline. In its development of biofuel policy, China’s 10 th five-year plan (2001–2005) proposed a biofuel industry to utilize surplus grain stocks.

Gasoline 351
article thumbnail

Report finds that total transportation energy demand in California in 2050 could be reduced 30% relative to 2005

Green Car Congress

However, total transportation energy demand in California could be reduced 30% relative to 2005 levels in 2050 through improving overall vehicle efficiency (which includes the use of advanced electric-drivetrains such as plug-in electric vehicles (PEVs) and hydrogen fuel cell vehicles (FCVs). Click to enlarge. Other main findings.

2005 250