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FCA US reaches settlements on diesel emissions at estimated cost of $800M

Green Car Congress

The software reflash does not affect average fuel economy, drivability, durability or refinement of the vehicles. In addition, FCA US will pay $19 million to the State of California for emissions mitigation initiatives, while also financing the upgrade of 200,000 high-efficiency catalytic converters through the aftermarket.

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EPA delays issuing 2014 RVO standards for RFS until sometime in 2015

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In a notice to be published in the Federal Register , the agency said that it intends to take action on the 2014 standards rule in 2015 prior to or in conjunction with action on the 2015 standards rule. The industry needs a final rule that is legally appropriate and continues to support our efforts.

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Summary of decisions from Durban climate conference

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Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. as possible, but not later than 2015. Parties to this second period will turn their economy-wide targets into quantified emission limitation or reduction objectives and submit them for review by 1 May 2012.

Climate 294
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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ÂșC Warming Limit

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Developed countries would reach agreement with emerging economies such as Brazil, China, and India as to whether or not emerging economies should set emissions reduction targets. All agreements would be legally binding, and would be subject to independent verification. The relative valuation of potential emissions offsets (e.g.

Climate 236
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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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Navigant suggests that, since the automakers have already designed the vehicles that they will be selling in 2018, they will become more vocal in 2014 to push for changes; the firm expects the dispute to escalate, perhaps resulting in legal action. Nonetheless, 2014 may be a breakout year for e-motorcycles.

2014 346
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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

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According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values. House appreciation historically has been used to finance the purchase of a new vehicle about 20% of the time. —John Hoffecker.

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

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The three lawmakers plan to introduce legislation next month that would apply different carbon controls to individual sectors of the economy instead of setting a national target. Graham recently declared, “ Economy-wide cap-and-trade is dead. ” In 2015–nearly 90% of emissions. Senators Lindsey Graham (R-S.C.), Overview of RGGI.

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