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Report suggests low-speed electric vehicles could affect Chinese demand for gasoline and disrupt oil prices worldwide

Green Car Congress

Low-speed electric vehicles (LSEVs) could reduce China’s demand for gasoline and, in turn, impact global oil prices, according to a new issue brief by an expert in the Center for Energy Studies at Rice University’s Baker Institute for Public Policy. “

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Bosch, Shell, and Volkswagen develop renewable gasoline with 20% lower CO2; rollout of Blue Gasoline this year

Green Car Congress

Following on the introduction of R33 Blue Diesel ( earlier post ), Bosch, Shell, and Volkswagen have now developed a low-carbon gasoline. The new fuel, called Blue Gasoline, similarly contains up to 33% renewables, ensuring a well-to-wheel reduction in carbon emissions of at least 20% per kilometer driven.

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Fast chargers are almost as profitable as gasoline pumps, claims BP executive

Green Car Reports

Oil companies expanding electric car fast-charging networks might not entirely be the image-burnishing loss-leader some would suspect. BP sees EV charging as a business line bound for profitability, according to a report from Reuters, citing a top executive at the energy giant.

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U.K. Government Pushes Gasoline Car Ban to 2035

The Truth About Cars

UK Prime Minister Rishi Sunak announced on Wednesday that he’s delaying bans the government had previously made for gasoline-powered vehicles. We've got further to go to get the charging infrastructure in place," the PM said, adding that the 2035 deadline was congruent with both the European Union and California.

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Big Oil Betting On Electric Vehicles

Green Car Congress

Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Colin McKerracher, head of advanced transport analysis at Bloomberg New Energy Finance, sees Couse’s forecast as the highest EV sales margin yet to be forecasted by a major company in the oil sector. Maybe even decline. ”.

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DOE: US average EV CO2e/year is 4,815 lbs, vs. 11,435 lbs for average gasoline car

Green Car Congress

The national average is 4,815 pounds (2,184 kg) of CO 2 -equivalent emissions for a typical EV per year as compared to the average gasoline-powered car which produces 11,435 pounds (5,187 kg) of CO 2 -equivalent emissions annually. EVs charging in Vermont are estimated to produce the fewest emissions—oil and gas make up only 1.2%

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CMU study finds small battery PHEVs and gasoline hybrids the least-cost policy solution to reducing gasoline consumption

Green Car Congress

Comparison of current federal subsidy to base case assumptions showing lifetime fuel savings (HomeEve charging scenario). The federal subsidy significantly favors larger battery packs to a stronger degree than their potential for additional gasoline savings. Peterson and Michalek 2012. Click to enlarge. Earlier post.).

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