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

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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. It also reviews policies and implications that could affect future market growth. million unit uptick in 5 years.

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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. A Federal Quadrennial Energy Review. Climate Change Emissions Fuel Efficiency Fuels Heavy-duty Policy' The standards for new plants—already being developed by EPA—are to be done this fall.

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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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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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