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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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The dashed blue line is 2005 emissions; the scale on the right shows the percent of 2005 level. Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. Source: Morrow et al. Click to enlarge.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

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The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. Price: The most expensive component of a ZEV is the battery. Performance: Battery range has been increasing annually.

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Profile: Li-ion Battery and Pack Supplier Valence Technology

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a provider of lithium-ion batteries, modules and packs. Donaghy noted that Valence has shipped some 70 MWh of Li-ion battery capacity since 2005—equivalent to 200,000 batteries, or enough for 1,500 3.5 We believe we are the number one shipper of lithium phosphate batteries in the world right now, ” he said.

Li-ion 150
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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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The EU has also made a commitment to reduce emissions in sectors outside the EU ETS, including transportation, by 10% on year-2005 levels by 2020. R&D as above plus carbon tax applied from 2015, and increased over 10 years to a maximum value of €100/t (US$131) CO 2. R&D plus fuel cell electric vehicle subsidy.