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

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million, an increase of 2.4% North America.

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Deutsche Bank CCA report highlights Chinese global leadership toward a low-carbon economy; 12th Five-Year Plan

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The spending in the 12th Five Year Plan for the period 2011 through 2015 represents 60% of the investment capital allocated for the decade. Rather, the report says, it is now China who is preparing for carbon markets by 2013 and, as the world’s largest manufacturing economy, it is stepping up to join the carbon markets in Europe.

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China publishes plan to boost fuel-efficient and new energy vehicles and domestic auto industry; targeting 500K PHEVs and EVs in 2015, rising to 2M by 2020

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The central government’s plan, posted on its website, is targeting the production of 500,000 plug-in hybrid and electric vehicles by 2015, with output to grow to 2 million units of those types by 2020. Under the plan, by 2015 average passenger car fuel consumption is targeted to drop to 6.9 L/100km (40 mpg US) or less.

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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For the first three years, the carbon price will be fixed, before moving to an emissions trading scheme in 2015. From 1 July 2015, the carbon price will be set by the market. However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. a year in real terms.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. A proposal for existing plants is due in 2014, with targeted file rule in 2015.

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Researchers call for major change in US policies supporting plug-ins; failure of “mainstream consumer bias”

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of vehicle sales), far below levels required to meet the Obama administration’s goal of one million PEVs on the road by 2015. It is now clear that the one million vehicle threshold will not be achieved by 2015. Vehicle tax credits or rebates. Making loans and financing more accessible for PEV buyers. —Green et al.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

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Both, it would seem, have incentive to do so, as each has lost over $100 billion in crude revenues in 2015—and Russia bears the extra burden of U.S. In the course of 2015, both have raised output and exports over 2014 levels—Saudi Arabia by ~500 and 550~ mbbls/day respectively and Russia by ~100 and ~150. and $65.65

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