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MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

Green Car Congress

The report—titled “The Role of China in Mitigating Climate Change” and published in the journal Energy Economics , compares the impact of a stringent emissions reduction policy with and without China’s participation. The researchers argue for a global economy-wide greenhouse gas tax that spreads the burden of responsibility.

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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. We need both a policy like a carbon tax and to put more R&D money into renewables.

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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

Green Car Congress

We have had a long debate about climate change in this country. Most Australians now agree our climate is changing, this is caused by carbon pollution, this has harmful effects on our environment and on the economy—and the Government should act. Increasing the tax-free threshold and cutting taxes also boosts incentives to work.

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UK auto industry warns anti-diesel agenda and slow uptake of EVs could mean missing 2021 CO2 targets; rising CO2 average in 2017

Green Car Congress

The UK automotive industry warned that the current anti-diesel agenda combined with the ongoing slow take-up of electric vehicles could mean industry misses its next round of CO 2 targets in 2021, with negative consequences for the UK’s own climate change goals. to a new low of 165.4 HEVs, PHEVs and BEVs respectively made up 60.6%, 28.1%

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Elon Musk slams California’s $8 per kW monthly utility charge plan for solar owners

Teslarati

Those opposed to the proposal warned that the initiative could undermine the state’s efforts to address climate change. some people have 20 kw systems $160 a month, nearly $2000 a year. Penalizing sustainable energy is insane — Elon Musk (@elonmusk) December 13, 2021.

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Study Concludes Colorado River Reservoirs Could Bottom Out from Warming, Water Management Business-as-Usual

Green Car Congress

Even under the harshest drying caused by climate change, the large storage capacity of reservoirs on the Colorado might help sustain water supply for a few decades. entered the drought in 2000 with the reservoirs at approximately 95% of capacity. Balaji Rajagopalan, lead author. Rajagopalan et al. The river system.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.