2012, Global, Oil Prices and Tax

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

FEBRUARY 3, 2015

IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 In India, falling inflation, lower interest rates, energy prices and a regained confidence will help lift the car market into growth mode starting in 2015 after a two-year lull. North America continues to be an impetus to global light vehicle demand levels.

2015

2015 Light Market Global

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

JANUARY 1, 2011

DB has lowered its advanced lithium-ion battery cost projection by about 30% for 2012. ” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region.

Transportation

Transportation Gasoline Lithium Ion Gasoline-Electric

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil

Oil Standards Price Oil Prices

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

JUNE 20, 2012

While the Department of Defense (DoD) is one of the world’s largest fuel users, its consumption of about 340,000 bpd is a small fraction (less than one-half of 1 percent) of global petroleum demand. —Bartis 2012. More important than “when” global oil production might reach its maximum is the form that that maximum takes on.

Price

Price Oil-Sands Turkey Fuel

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

FEBRUARY 8, 2011

and model 2011 2012 2013 2014 2015. This plan is intended to drive demand and position the United States as a global leader in manufacturing and deploying next-generation vehicle technologies. The President has announced that the FY 2012 Budget will include enhanced R&D investments in battery and other electric drive technologies.

2015

2015 Plug-in Tax Credit Plug

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

APRIL 12, 2012

EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. R&D as above plus carbon tax applied from 2015, and increased over 10 years to a maximum value of €100/t (US$131) CO 2. With R&D plus a €100/t CO 2 carbon tax, lifecycle CO 2 emissions reduction doubles to 16?19%

Transportation

Transportation Europe Climate Change Emissions

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Green Car Congress

MARCH 2, 2013

The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. TransCanada submitted a new application for the Keystone XL Project on 4 May 2012.

Climate Change

Climate Change Oil-Sands Nebraska Climate

Opinion: This Is What Needs To Happen For Oil Prices To Stabilize

Green Car Congress

SEPTEMBER 21, 2015

On September 10 th , the EIA reported a production decline in the Lower 48—essentially shale production—of 208,000 BOPD (barrels of oil per day). That is a staggeringly enormous number, approximately 10 percent of the estimated global over-supply. Taxes don't go away and then there's debt.

Oil Prices

Oil Prices Oil Price Oil-Sands

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

Green Car Congress

DECEMBER 17, 2010

It also incorporated California’s Low Carbon Fuel Standard—which reduces the carbon intensity of gasoline and diesel fuels in that State by 10% from 2012 through 2020, and incorporated changes in environmental rules at the State level. In 2035, the average real price of crude oil in the Reference case is $125 per barrel in 2009 dollars.

Gas

Gas 2011 Price Energy

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

APRIL 6, 2015

Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 The 103GW of capacity added by new renewable energy sources last year compares to 86GW in 2013, 89GW in 2012 and 81GW in 2011 and made 2014 the best year ever for newly installed capacity. billion, up 39% from 2013.

2014

2014 Renewable 2013 Wind

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Green Car Congress

FEBRUARY 1, 2014

The earlier 2011 Final EIS was developed contemporaneously with the start of strong growth in domestic light crude oil supply from tight oil formations, such as those formations found in North Dakota’s Bakken region. Domestic production of crude oil has increased significantly, from approximately 5.5 million bpd in 2012 and 7.5

Oil-Sands

Oil-Sands Nebraska Oil Montana

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

JULY 19, 2012

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. Treat all crude oils as part of the overall pool of transportation fuels. Harmonize global LCFS policies.

Carbon

Carbon Oil-Sands Standards Design

Nissan’s Big Gamble

Revenge of the Electric Car

JULY 14, 2009

The best thing about the Nissan is the expected price range of $25K- $34K. This is before the $7,500 federal tax credit. “By the time the electric car comes on line in 2012, the economy in California will be in a better place,&# says Driebe, the 2006 chairman of the Nissan Dealer Advisory Board. Batteries are expensive.

Nissan

Nissan Japan United States Gasoline-Electric

EV Driven

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Opinion: This Is What Needs To Happen For Oil Prices To Stabilize

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

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Nissan’s Big Gamble

Stay Connected