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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

This is clear in both words and actions, and the most recent example is the current Securities and Exchange Commission rulemaking on climate risk disclosures. This global crude oil supply issue is not likely to be solved quickly, even if more refining capacity were available. Hence, the importance of increasing crude oil production.

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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

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In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). Paltsev, M. Babiker, J.M. 2012.09.001.

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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

Green Car Congress

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).

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Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

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More than 90% of such vehicles are powered by internal combustion engines burning oil-derived fuels. Encouraging the use of low-carbon alternatives is an essential part of meeting climate change targets as well as improving local air quality and health. —McCollum et al. Note the different scaling used in the graphs.

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Analysis concludes that current transportation policy in most US states will likely worsen GHG emission trends in US

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However, most states use few of the available transportation policy tools to reduce. In the 50-state assessment, no state received a higher grade than “B-,” and most states scored lower than “D,” demonstrating a lack of alignment between transportation and climate policies, according to the analysis.

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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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EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. They estimated the number of new vehicles required and the adoption of new technologies and fuels based on their availability and cost effectiveness under projected scenario variables such as fuel price.

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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

Green Car Congress

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. Policy package.