2005 Oil Prices Tax Tax Credit 
Green Car Congress
APRIL 14, 2015
AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1
Green Car Congress
DECEMBER 16, 2013
Electric power generation from renewables is bolstered by legislation enacted at the beginning of 2013 extending tax credits for generation from wind and other renewable technologies. After 2017, the Brent spot oil price increases, reaching $141/bbl in 2040 due to growing demand that requires the development of more costly resources.
Green Car Congress
OCTOBER 4, 2011
In 2005, Congress enacted the Renewable Fuel Standard as part of the Energy Policy Act (EPAct) and amended it in the 2007 Energy Independence and Security Act (EISA). As of 2010, biofuel production was contingent on subsidies, tax credits, the import tariff, loan guarantees, RFS2, and similar policies.
Green Car Congress
DECEMBER 17, 2010
Assuming no changes in policy related to greenhouse gases, carbon dioxide emissions grow slowly, but do not again reach 2005 levels until 2027. After falling 3% in 2008 and nearly 7% in 2009, largely driven by the economic downturn, energy-related CO 2 emissions do not return to 2005 levels (5,980 million metric tons) until 2027.
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