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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

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. —Morrow et al.

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UC report to CalEPA outlines policy options to decarbonize California transportation by 2045

Green Car Congress

The scenario analysis includes an estimate of the total costs of the LC1 compared to the BAU scenario. SB 375, passed in 2008, required each regional planning agency to submit a plan to reduce emissions, with a focus on reducing VMT. Transportation pricing: Gasoline taxes. Transit-oriented development/densification.

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

Green Car Congress

Average on-road fuel consumptions (tank to wheels) of the different propulsion systems in an average light-duty vehicle: 2010, 2030, and 2050. Values normalized to standard naturally-aspirated gasoline engine vehicle. However, the flexibility and lower costs of PHEVs appear to trump this simplicity, certainly in the nearer term.

MIT 150