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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

A proposal for existing plants is due in 2014, with targeted file rule in 2015. Going forward, the Administration will promote fuel-switching from coal to gas for electricity production and encourage the development of a global market for gas. Climate Change Emissions Fuel Efficiency Fuels Heavy-duty Policy'

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California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

Green Car Congress

In addition, although many experts say that the solution to our energy and climate problems is sending the correct price signals to industry and consumers, the transport sector’s behavior is highly inelastic in that it does not change significantly in response to changes in fuel prices, at least in the range that is politically acceptable.

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