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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

Green Car Congress

It also finds that, while relying on subsidies for electric or hybrid vehicles is politically attractive, it is an extremely expensive and ineffective way to significantly reduce greenhouse gas emissions in the near term. million barrels per day, relative to 2008 levels. Adoption of all of the preceding policies.

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NYC Goes EV

Revenge of the Electric Car

This Tesla is one of a number of electric cars coming on the market. Will Electric Cars Give New York a Charge? The number of electric cars bought, according to the study, “may be significantly less if these assumptions do not materialize.&# ‘ Here is the text of the entire article, in case the link goes bad: [link].

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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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According to the recently finalized Inventory of US Greenhouse Gas Emissions and Sinks: 1990-2008 , net US GHG emissions in 2008 were down 2.7% A hard price collar binds carbon prices and creates a predictable system for carbon prices to rise at a fixed rate over inflation. compared to 2005 levels.).

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60% of $18B in US clean energy tax credits 2006-2012 went to top 20% by income; 90% in the plug-in program

Green Car Congress

A working paper by a team at the Energy Institute at Haas, University of California, Berkeley, has found that 60% of the $18 billion in US federal income clean energy tax credits issued between 2006 and 2012—e.g., Electric Vehicle Credit. Average credit per tax return, by income level. billion (19.3%).

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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

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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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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Ed Feo is a partner with the law firm of Milbank, Tweed, Hadley & McCloy and was voted one of the “Five Most Influential People in Renewable Energy” in 2008 by Euromoney / Institutional Investor. We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” Billion in 2008). Billion vs. $28.3

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ARB Staff Posts Expert Review Reports of the ZEV Technical Analysis

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An important new goal for the ZEV program should be to help assure the transformation to very low carbon-emitting vehicles occurs in the timeframe necessary to meet the Governor’s 2050 target of an 80% reduction in GHGs compared to 1990 levels, ARB staff proposed. 25,000/y is needed by 2020 and 435,000 by 2025?) —Joan Ogden.

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