Remove 2008 Remove Climate Remove Cost Of Remove Fuel Tax
article thumbnail

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

The key to obtaining significant reductions in transportation-related GHG emissions is to increase the cost of driving. The economy-wide CO 2 prices applied increase the cost of driving only marginally with respect to the business-as-usual case. million barrels per day, relative to 2008 levels.

article thumbnail

IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

Green Car Congress

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.

article thumbnail

MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

Green Car Congress

Overall, we have substantial opportunities for reducing environmental and climate impacts from light-duty road vehicles. However, the flexibility and lower costs of PHEVs appear to trump this simplicity, certainly in the nearer term. BP, Chevron, Concawe, the Department of Energy U.S.-China

MIT 150