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

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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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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. 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 plus electric vehicle subsidy.

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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

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Chairman of the Homeland Security and Governmental Affairs Committee, released the details of their long-anticipated energy and climate change legislation on Wednesday, 12 May. compared to 2005 levels.). Significant tax incentives encourage the conversion of trucks and heavy-duty fleets to natural gas vehicles.

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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

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According to a new report from Pike Research, the various national-level initiatives and programs to promote the awareness of electric vehicles (EVs) in the Asia-Pacific region will help make the region the largest market worldwide for electrified vehicles, led by strong demand in China, Japan, and Korea. Click to enlarge.

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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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New propulsion systems requiring new fuels, such as plug-in electric vehicle systems and fuel cell systems, are beyond the scope of this technology roadmap and are treated in separate roadmaps. Average fuel economy and new vehicles registrations, 2005 and 2008. Source: Technology roadmap. Click to enlarge. Policy package.

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National Academies Report Examines Hidden Cost of Energy Production and Use in US; Estimates $120B in 2005

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Health and other non-climate damages by life-cycle component for different combinations of fuels and light-duty automobiles in 2005 (top) and 2030 (bottom). When such market failures occur, a case can be made for government interventions—such as regulations, taxes or tradable permits—to address these external costs, the report says.

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Study concludes a shift from gasoline to diesel engines is consistent with long-term climate mitigation efforts

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Passenger transport affects climate through various mechanisms involving both long-lived—i.e. black carbon, BC—climate forcers. After the UK had begun taxing vehicles according to CO 2 emissions, the share of registered new diesel cars increased from 26% in 2002 to 38% in 2005.

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