Remove 2014 Remove Coal Remove Reference Remove Tax
article thumbnail

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

LDV energy consumption declines in AEO2014 Reference case from 16.0 quadrillion Btu in 2040 in the AEO2013 Reference case. The rising fuel economy of LDVs more than offsets the modest growth in VMT, resulting in a 25% decline in LDV energy consumption decline between 2012 and 2040 in the AEO2014 Reference case. Source: EIA.

Oil 290
article thumbnail

EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

Green Car Congress

AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. year from 2013 through 2040 in the Reference case, far below the rates of economic growth (2.4%/year)

2020 150
article thumbnail

The Budget 2009 - working towards sustainable transport

Green Cars News

Increasing company car benefit in kind tax in the future for all but the lowest carbon cars. From April 2010 anyone buying a new car will pay a different rate of vehicles tax in the first year of registration. Company Car Tax. Confirming and extending the overhaul of Vehicle Excise Duty Rates. Emissions g/km. P11d value**.

article thumbnail

Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

In this paper PHEV refers solely to the long-range PHEV of 60 miles (100 km) electric-only range.) References. The combination of harvesting whole forests and burning long-sequestered carbon sources such as coal or oil has impaired the Earth’s carbon cycle at an increasing pace. Also see Appendix E and Reference 1.).

PHEV 150
article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Expects production around 2014. People will likely not buy plug-ins without big federal tax breaks." ( Reuters ) 11/29/06 [In response to GMs announcement at the LA Auto Show], Ford Group marketing manager Cisco Codina said the answer for now is full hybrids, like the latest version of its Ford Escape hybrid SUV unveiled at the show. (

Plug-in 45
article thumbnail

Stanford Energy Modeling Forum project confirms carbon pricing can be effective way to curb GHG emissions

Green Car Congress

The EMF 32 project , which launched in 2014, is an ongoing modeling exercise intended to assess emissions, energy and economic outcomes from a plausible range of US policies to reduce greenhouse gases (GHGs). Of course, a primary reason for implementing a carbon or GHG tax is to reduce emissions, but the revenue can serve other goals.

Carbon 207
article thumbnail

Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

Cap-and-trade was first tried on a significant scale twenty years ago under the first Bush administration as a way to address the problem of airborne sulfur dioxide pollution–widely known as acid rain–from coal-burning power plants in the eastern United States. Senators Lindsey Graham (R-S.C.), John Kerry (D-Mass.)

Gas 244