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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

Green Car Congress

Strong income tax credits for the purchase of new diesel, hybrid, and plug-in hybrid vehicles are very expensive and essentially ineffective at reducing GHG emissions from transportation. million barrels per day, relative to 2008 levels. Second, the tax credits give a significant boost to diesel vehicles.

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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

Green Car Congress

US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. Nuclear was not included in the analysis.

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

Chairman of the Homeland Security and Governmental Affairs Committee, released the details of their long-anticipated energy and climate change legislation on Wednesday, 12 May. According to the recently finalized Inventory of US Greenhouse Gas Emissions and Sinks: 1990-2008 , net US GHG emissions in 2008 were down 2.7%

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Cash for Volts?

Revenge of the Electric Car

More details at: Group Seeks US Tax Credits To Spur Electric Car Use. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. UPDATE:Group Seeks US Tax Credits To Spur Electric Car Use. by Judith Burns for Dow Jones.

Volt 100
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The Further Adventures of The Solangelist

Creative Greenius

As we move into the final month of the year 2008 I keep looking up at my rooftop longingly. So I need to do something to cut the cost of my system even more than the rebates and tax credits are going to do. And I think that means I’m going to have to learn to install my solar panels myself.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Ed Feo is a partner with the law firm of Milbank, Tweed, Hadley & McCloy and was voted one of the “Five Most Influential People in Renewable Energy” in 2008 by Euromoney / Institutional Investor. We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” Billion in 2008). Billion vs. $28.3

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EPA and NHTSA Issue Notice of Intent to Develop New Greenhouse Gas and Fuel Economy Standards for Light-Duty Vehicle Model Years 2017-2025; Proposal Expected by 30 Sep 2011

Green Car Congress

costs, future regulatory fuel economy/GHG requirements, and government incentives for vehicle purchasers and owners such as the existing tax credits for EVs and PHEVs. All four of these technology pathways include significant amounts of mass reduction, relative to 2008 model year vehicles, ranging from 15 to 30% in 2025.