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National Research Council Report Recommends Setting a US Carbon Budget Through 2050; Concludes Known Technologies Not Sufficient to Meet Budget Goals

Green Car Congress

A report issued today by the National Research Council recommends that the US set a measurable domestic greenhouse gas (GHG) emissions budget in the range of 170 to 200 gigatons of CO 2 -equivalent (eq) for the period 2012 through 2050. Fri, Chair, Panel on Limiting the Magnitude of Future Climate Change.

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MIT study suggests carbon tax could help reduce US deficit, lower other taxes, reduce emissions

Green Car Congress

trillion in revenue, which could then be used to reduce personal or corporate income taxes, extend the payroll tax cut that expires this year, maintain spending on social programs—or some combination of these options—while reducing the deficit. —Rausch and Reilly (2012). —Rausch and Reilly (2012).

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California ARB holding hearing on adopting amendments to LEV III to support compliance options using new Federal GHG regulations

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California committed to accept national program compliance for model years 2017 through 2025 (as it did for MYs 2012 through 2016) with the understanding that it would provide equivalent or better overall greenhouse gas reductions nationwide than California’s program. gCO 2 e/mile for trucks.

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California Air Resources Board releases proposed Advanced Clean Car package: LEV III, GHG and ZEV rules to transform the California fleet; ZEVs and TZEVs to be 15+% of new vehicle sales by 2025

Green Car Congress

The staff of the California Air Resources Board (ARB) has posted the proposed Advanced Clean Car (ACC) package of regulations in advance of the Board’s meeting on 26 January 2012 to consider adopting the new rules. Low-Emission Vehicles (LEV) & GHG 2012. Zero Emission Vehicles 2012. Clean Fuels Outlet 2012.