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National Research Council Report Recommends Setting a US Carbon Budget Through 2050; Concludes Known Technologies Not Sufficient to Meet Budget Goals

Green Car Congress

The exact value of the reference budget is uncertain, but regardless, illustrates a clear need for a major departure from business-as-usual. The report, Limiting the Magnitude of Future Climate Change is one of three released by the NRC, the operating arm of the National Academy of Sciences and National Academy of Engineering.

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California Air Resources Board releases proposed Advanced Clean Car package: LEV III, GHG and ZEV rules to transform the California fleet; ZEVs and TZEVs to be 15+% of new vehicle sales by 2025

Green Car Congress

When fully implemented, annual fuel costs to operate a car will be reduced by an average of 25%, with an overall cumulative savings of $22 billion by 2025, according to ARB calculations. This will reduce the monthly cost of a new car by $12, even when considering the higher cost of the loan or lease. —CFO ISOR.