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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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Under the scheme, around 500 of the largest emitters in Australia—facilities that have direct greenhouse gas emissions of 25,000 tonnes of CO 2 -equivalent per year or more (excluding emissions from transport fuels and some synthetic greenhouse gases)—will need to buy and surrender to the Government a permit for every tonne they produce.

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CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

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The report from a task force assembled by the CEPS (Centre for European Policy Studies), a Brussels-based think tank, on European transport policy has concluded that the EU’s goal of a 60% greenhouse gas (GHG) emissions reduction in the transport sector in 2050 compared to 1990 levels is possible, but at a cost.

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EC Project Concludes Transport Unlikely to Deliver Required GHG Cuts to Contribute to Meeting Overall 2050 GHG Reduction Target Without Policies to Limit Demand Growth

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If the EU is to meet its overall target of cutting total greenhouse gas (GHG) emissions 80% relative to 1990 by 2050, then transport must reduce its emissions by 50-80% compared to 1990, according to the report from the “ EU Transport GHG: Routes to 2050? Conclusions on reducing transport’s GHG emissions to 2050.

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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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Transport GHG emissions in the “No New Policies” case (NNP) and the “Lowest” case (L). EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. The horizontal lines indicate 60% reduction from year-1990 levels. Credit: ACS, Dray et al. Click to enlarge.

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

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Policies to entice consumers away from fossil-fuel powered vehicles and normalize low carbon, alternative-fuel alternatives, such as electric vehicles, are vital if the world is to significantly reduce transport sector carbon pure-emissions, according to a new study. Share of EDVs in 2050. Share of EDVs in 2050.

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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

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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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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

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CO 2 emissions from transportation sector by scenario in the study. It also finds that, while relying on subsidies for electric or hybrid vehicles is politically attractive, it is an extremely expensive and ineffective way to significantly reduce greenhouse gas emissions in the near term. Source: Morrow et al. Click to enlarge.