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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. From 1 July 2015, the carbon price will be set by the market. Transport fuels will be excluded from the carbon pricing mechanism. a year in real terms. —Prime Minister Gillard.

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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

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He points out that because of high fuel taxes and the resulting high cost of gasoline in Europe, the existing fleet of passenger cars there is already more efficient than the US fleet, so implementing stringent fuel efficiency standards would be more costly for Europe. Paltsev, S., Henry Chen, YH., Karplus, V.

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GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

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The paper estimates PEVs to have a total incremental cost close to $500 billion between 2015?2025. While this would be paid back by fuel savings, Fulton assues that to sell the cars, the full $500 billion would need to be offered as incentives to prospective buyers. For a PEV subsidy of $500 billion from 2015?2025,

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IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

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The policy package includes a new fuel economy readiness index, which measures the extent to which countries have implemented steps that will fully exploit the potential of existing fuel economy technologies and maximise their use in vehicles. Plan: this is the longest phase in developing fuel economy policies. Click to enlarge.

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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

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A proposal for existing plants is due in 2014, with targeted file rule in 2015. Toward that end, the Obama Administration is partnering with states and private companies to exchange lessons learned with international partners on responsible development of natural gas resources.

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

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The obvious one is increased fuel taxes, but somehow governments need to make sure the benefits of better technology aren’t wiped out by increased demand for lower-priced fuel. Delayed implementation in the EU27 of the Baseline objective (130 g/km) until 2015. Jos Dings, T&E Director.

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Global Fuel Economy Initiative Releases Roadmap Report on Achieving 50% Fuel Economy Improvement in LDV Fleet by 2050

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These take into account an improvement in the fuel efficiency of new cars based on existing fuel economy regulations, mainly in OECD countries, with improvements slowing in most regions after 2015. Worldwide, cars currently account for close to half of the transport sector’s fuel consumption and CO 2 emissions.