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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

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In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). Paltsev, M. Babiker, J.M. 2012.09.001.

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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. Source: BCG. Click to enlarge.

CO2 246
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Energy Learning Curve Survey Finds Americans Support Wide Array of Proposed Energy Policies, But Are Not Yet Ready to Make Tradeoffs

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At least 10 major energy proposals that would provide incentives for energy efficiency, reduce gasoline usage and support alternative energy have the support of more than two-thirds of Americans, according to a new survey, “The Energy Learning Curve” released by Public Agenda, an opinion research and citizen engagement organization.

Energy 150
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Automotive Market Research Perspectives on Selling Green in a Try-to-Survive Market

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United States. Miller of Synovate believes that in the US “ 20% of the people are willing to pay up to 10% of the vehicle’s purchase price more (i.e. Edwards and Miller both emphasized the importance of a buyer’s emotion in purchasing a vehicle. Gasoline may cost between $3-$5 while you own this vehicle.

Market 170
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Proposed US Transportation Reauthorization Plan Links Greenhouse Gas Reductions to Transportation Planning

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In addition to this $450 billion investment, the Act provides $50 billion over six years to develop 11 authorized high-speed rail corridors linking major metropolitan regions in the United States. The Fund is replenished by revenue collected from motor fuel taxes. Consolidating or terminating more than 75 programs.

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California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

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In addition, although many experts say that the solution to our energy and climate problems is sending the correct price signals to industry and consumers, the transport sector’s behavior is highly inelastic in that it does not change significantly in response to changes in fuel prices, at least in the range that is politically acceptable.

2018 257
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MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

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The report addresses topics related to the evolution of vehicle technology and its deployment, the development of alternative fuels and energy sources, the impacts of driver behavior, and the implications of all of these factors on future GHG emissions in the United States, Europe, China, and Japan. —John Heywood.

MIT 150