article thumbnail

Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

Columbia University’s Center on Global Energy Policy and the University of California, Davis Institute of Transportation Studies analyzed four scenarios to understand how COVID-19 and other political, economic, social and technological drivers may impact transportation activity and global oil demand.

Oil 259
article thumbnail

Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

Green Car Congress

program is paying nearly 10 times the projected price of carbon credits per ton in the best-case scenario, according to an analysis of the implied cost of carbon dioxide reductions under the program by UC Davis transportation economist Christopher Knittel. do not discuss the merits of the program in terms of stimulus. However, the.

article thumbnail

Plug-in cars: Moving Forward

Plugs and Cars

I suspect without some explicit direction from the top, prodded from those of us below, the automakers will do everything to achieve the requirements with conventional vehicles, eschewing the greater near term cost and long-term benefit of transitioning toward plug-in electric drive components and batteries. No plug, no deal!

Plug-in 100
article thumbnail

Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

With payments of up to $4,500 for motorists willing to swap their ageing gas guzzling vehicles for more fuel efficient ones, it seemed like a ‘can’t lose’ scheme with consumers getting cheaper cars, the automotive industry enjoying more sales and the environment boosted by a reduction in harmful emissions. So is this scheme green at all?

article thumbnail

Coming Soon – The Electric City

Revenge of the Electric Car

Around the same time, General Motors will introduce the Chevrolet Volt, a vehicle able to go 40 miles on electricity before its small gasoline engine kicks in. He predicted that 10 percent of the cars sold would be electric vehicles by 2020. Much of the attention on electric cars has been on the vehicles’ design, cost and performance.