article thumbnail

Researchers calculate social cost of German nuclear phase-out at $12B/year; 70% from increased mortality risk

Green Car Congress

In a working paper for the National Bureau of Economic Research (NBER), a team from UC Berkeley, UC Santa Barbara and Carnegie Mellon University (CMU) calculate that the social cost of the phase out of nuclear electricity production in Germany is approximately $12 billion per year.

Cost Of 268
article thumbnail

Oil Majors’ Costs Have Risen 66% Since 2011

Green Car Congress

Oil prices have stabilized and the cost cutting measures implemented over the past three years should allow companies to turn a profit even though crude trades for about half of what it did back in 2014. The result could be an uptick in the cost of producing oil for the first time in a few years. per barrel, rising to $36.50.

Oil 150
article thumbnail

Imperial Oil ups costs of Kearl oil sands initial development 18% to $12.9B

Green Car Congress

Imperial Oil has raised the expected final cost for the Kearl oil sands initial development to $12.9 billion, up 18% from the 2011 figure of $10.9 billion barrels at a unit development cost of approximately $6.80 The Kearl expansion project, sanctioned in 2011 for $8.9 per barrel.

Oil-Sands 257
article thumbnail

DOE extends closing date for RFI on Total Costs of Ownership of Future Light-Duty Vehicles

Green Car Congress

The US Department of Energy (DOE) has extended the closing date for the Request for Information (RFI) on Total Costs of Ownership of Future Light-Duty Vehicles ( DE-FOA-0000592 , earlier post ). Responses were initially due 16 December 2011. Responses should be emailed to TCORFI@go.doe.gov by 11:59 p.m. ET on 30 January 2012.

Cost Of 225
article thumbnail

UMTRI study finds total cost of ownership of diesels in US often much less than gasoline counterparts

Green Car Congress

Though there are some exceptions to these positive results for some of the diesel versions of vehicles from a total-cost-of-ownership perspective, the overall direction of the results supports the idea that diesel vehicles are competitive within the U.S. Data: Polk, 2015.

Cost Of 150
article thumbnail

DOE awards $56M to 21 concentrating solar power projects; $8M for reducing soft costs of rooftop PV systems

Green Car Congress

The research projects, conducted in partnership with private industry, national laboratories and universities, support the Energy Department’s SunShot Initiative, a collaborative national effort to make solar power cost-competitive with traditional energy sources by the end of the decade. million in fiscal year 2011. CSP awards.

Solar 252
article thumbnail

Ford poll finds Europeans want freedom of car ownership, but worry about traffic, cost of driving, environment

Green Car Congress

A new Ford Motor Company-sponsored poll of 6,000 people across Europe found that most Europeans remain committed to car ownership, but have growing concerns about traffic congestion, the cost of driving and the environment. In 2011, Ford Motor Company spent €4.1 Earlier post.). billion (US$5.2