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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

Economy-wide CO 2 prices of $30-60/t CO 2 are too weak on their own to motivate significant reductions in CO 2 emissions from transportation. The economy-wide CO 2 prices applied increase the cost of driving only marginally with respect to the business-as-usual case. —Morrow et al.

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Study Finds That Implementation of a Portfolio of Transportation Strategies Will Be Required for Significant Reductions in GHG from Transportation Sector; Pricing Strategies Have the Largest Potential

Green Car Congress

Strong economy-wide pricing measures (such as a $5.00 per gallon fuel tax by 2050) could result in an additional reduction of 28% in GHG emissions. The Moving Cooler baseline extrapolated these projections further to 2050, resulting in a potential doubling or greater of fleet fuel efficiency. Land use and smart growth.

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We Need More Than Just Electric Vehicles

Cars That Think

Most automotive manufacturers say they plan to use renewable energy in the future, but for now, most battery production relies on electric grids largely powered by fossil fuels. Can EVs be good enough—and can manufacturers roll them out fast enough—to meet the goals set in 2021 by the 26th United Nations Climate Change Conference (COP26)?