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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. We need both a policy like a carbon tax and to put more R&D money into renewables.

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Maven deploying its first all-electric shared-use fleet in Austin; 20 Chevy Bolts

Green Car Congress

Pricing starts at $229 per week plus taxes. Maven Gig first launched in November 2016 to provide vehicles for rideshare drivers in San Francisco and has since expanded the offering for package, grocery and food delivery drivers. Drivers can see vehicle availability and pricing via the mobile app.

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Tesla cuts ties with Connecticut town that rejected potential showroom

Teslarati

Tesla proposed to build a showroom location on Buckland Road in South Windsor due to its location, which is close to an Apple Store and Whole Foods Market. A 2016 study found that 34 percent of people would rather wait in line at the DMV than buy a car. ” Dealerships are not a place people typically like to be.

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Delek sells AltAir renewable diesel/jet business to World Energy for $72M

Green Car Congress

million, taking into consideration estimated working capital, Delek US’ portion of the biodiesel tax credit for 2017, and deal costs. In 2016, United agreed to purchase up to 15 million gallons of sustainable biofuel from AltAir Paramount over a three-year period. Earlier post.). —Uzi Yemin, Chairman, President and CEO of Delek.

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CPUC proposes revising Net Energy Metering rules to push customers to install storage with rooftop solar

Green Car Congress

Charges Net Billing customers for the electricity they receive from the grid based on high differential time-of-use tariffs, creating more benefit for customers who install storage and incentivizing them to store solar energy and shift exports later in the day.

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Cadillac boosts performance of ELR plug-in hybrid for MY2016, cuts MSRP by $9K; $58,495 net after Fed credits

Green Car Congress

Cadillac has greatly enhanced the performance of its ELR extended range electric vehicle (plug-in hybrid) ( earlier post ) for the 2016 model year, and is also cutting the MSRP by $9,005, bringing the starting price down to $58,495 net after the $7,500 US federal tax credit (MSRP = $65,995). 2016 Cadillac ELR. Click to enlarge.

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BMW Group Launches car sharing service “ReachNow” in Seattle

Green Car Congress

In addition to debuting the ReachNow car sharing service in Seattle, BMW Group Member of the Board Peter Schwarzenbauer also announced the establishment of ReachNow’s North American headquarters in the city and its plans to expand the service to three additional cities in 2016—with the intention of servicing 10 North American cities.

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