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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

In our study we focus on cars, while the EU also imposed the emission targets for vans (which account for around 10% of the EU market for light-duty vehicles) and considered a strategy to reduce CO 2 emissions from trucks, buses, and coaches.

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

Green Car Congress

Without significant additional policy interventions to induce market penetration of breakthrough passenger car and aircraft technologies, the overall European (EU27) greenhouse gas (GHG) emissions reduction goals for 2050 will be difficult to meet, according to a new study by researchers from the University of Cambridge, Stanford University and MIT.

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GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

Green Car Congress

The paper estimates PEVs to have a total incremental cost close to $500 billion between 2015?2025. While this would be paid back by fuel savings, Fulton assues that to sell the cars, the full $500 billion would need to be offered as incentives to prospective buyers. For a PEV subsidy of $500 billion from 2015?2025,

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California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

Green Car Congress

In addition, although many experts say that the solution to our energy and climate problems is sending the correct price signals to industry and consumers, the transport sector’s behavior is highly inelastic in that it does not change significantly in response to changes in fuel prices, at least in the range that is politically acceptable.

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