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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them. In 2015, outside of road transport, 81% of emissions were untaxed, according to the report. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions.

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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For the first three years, the carbon price will be fixed, before moving to an emissions trading scheme in 2015. In the fixed price stage, starting on 1 July 2012, the carbon price will start at A$23 (US$24.75) a tonne, rising at 2.5% From 1 July 2015, the carbon price will be set by the market. a year in real terms.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

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million target, set by California Governor Brown in 2012, was recently superseded by a new, 5.0-million The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. million ZEV target by 2030.

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

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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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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

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The ZEV Regulation has been amended multiple times since its inception (most recently in January 2012 and October 2013) to reflect the pace of ZEV development, the emergence of new ZEV and near-ZEV technologies, and the need to provide clarifying language in an increasingly complex regulatory system. Click to enlarge.

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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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R&D as above plus carbon tax applied from 2015, and increased over 10 years to a maximum value of €100/t (US$131) CO 2. This case assumes sufficient subsidy for widespread adoption of the lowest-emission vehicle, fuel, and capacity technology combination in each category. R&D plus electric vehicle subsidy. —Dray et al.