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California reduces tax on dimethyl ether (DME) fuel to be consistent with other alternative fuels; enabling retail sales

Green Car Congress

The California state legislature passed and the Governor signed into law a bill ( AB-2663 ) that lowers the Use Fuel Tax rate of dimethyl ether (DME) from $0.18 per gallon of DME-propane fuel blend used on or after 1 July 2021 (the same tax rate as propane, $0.06 per gallon of DME used and $0.06 per gallon).

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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

Car fleet composition in the EU under the different scenarios. reduction in global oil consumption results in a drop in global oil prices of 1.2%. Most analyses of the economic assessments of energy efficiency measures normally use fixed oil prices when accounting for economic benefits. Click to enlarge.

Oil 150
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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

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The model also includes representation of fleet turnover, and opportunities for fuel use and emissions abatement, including representation of electric vehicles. Emissions trading or a carbon tax is going to achieve their emissions goals at the lowest possible cost to society.

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IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

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Two new reports—one on technology, the other on policy— released by the International Energy Agency (IEA) outline pathways to improve the fuel efficiency of combustion-engined road vehicles by 50% by the middle of the century, saving as much as four-fifths of current annual global oil consumption. Policy package.

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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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They estimated the number of new vehicles required and the adoption of new technologies and fuels based on their availability and cost effectiveness under projected scenario variables such as fuel price. They then estimated emissions based on fleet composition. This step was iterated with an estimation of demand changes.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

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Advanced combustion technologies alone could reduce CO 2 tailpipe emissions by 40% from current average levels for new-vehicle fleets of 250 to 270 grams per kilometer (g/km) in the United States, 150 to 170 g/km in Europe, 130 to 140 g/km in Japan, and 200 to 215g/km in China, according to the analysis. However, China is a major wildcard.

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GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

Green Car Congress

Meanwhile, significant gains in vehicle fuel economy over the coming decades are possible and very much needed globally in order to address pressing issues of climate change, energy security and sustainable mobility. The global vehicle fleet is predicted to double by 2050 with 80% of that growth in the developing world. per liter ($0.26/gallon