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Taxing the Distance

Energy Institute at HAAS

Energy Institute alum, Chris Knittel , along with Gib Metcalf and Shereein Saraf , have a new working paper , which takes a swing at one of the less thrilling, but wildly important, topics in public finance: how we pay for roads when no one’s buying gas anymore. Heavier vehicles also consume a lot more gas. Their findings?

Tax
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Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

Green Car Congress

The Rhodium Group, an independent research provider, estimates that, after a sharp uptick in 2018, US greenhouse gas (GHG) emissions fell by 2.1% This decline was due almost entirely to a drop in coal consumption. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. Coal-driven decline.

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Kawasaki’s liquefied hydrogen carrier departs to pick up first cargo

Green Car Congress

This vessel was developed to provide a means of transporting liquefied hydrogen at 1/800 of its original gas-state volume, cooled to –253°C, safely and in large quantities over long distances by sea. A return to Japan is expected around late February. The vessel can carry 75 tonnes of liquefied hydrogen in one trip.

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EPA: US GHG emissions in 2017 down 0.3% from 2016

Green Car Congress

greenhouse gas emissions were 6,472.3 from 2016, according to the US Environmental Protection Agency’s (EPA’s) latest Greenhouse Gas Inventory. The decrease in total greenhouse gas emissions between 2016 and 2017 was driven in part by a decrease in CO 2 emissions from fossil fuel combustion.

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Israel begins natural gas production from deepwater Tamar field in Eastern Mediterranean

Green Car Congress

On Saturday, Israel’s Ministry of Energy & Water Resources reported that commercial natural gas production had begun from the deepwater Tamar field (c. Tamar was the world’s largest natural gas discovery in 2009, notes Delek Energy, one of the Tamar partners. Israel natural gas demand forecast 2011-2040. Source: Noble Energy.

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Panda Power finances conversion of retired coal plant to natural gas; one of largest power conversion projects in US

Green Car Congress

Panda Power Funds has financed the 1,124 megawatt Panda “Hummel Station” power plant—one of the largest coal-to-natural gas power conversion projects in the United States. The plant will be located at the site of the retired Sunbury coal-fired power plant near Shamokin Dam in Snyder County, Pennsylvania.

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EIA: CO2 emissions from US power sector have declined 28% since 2005

Green Car Congress

The power sector has become less carbon-intensive as natural gas-fired generation displaced coal-fired and petroleum-fired generation and as the noncarbon sources of electricity generation—especially renewables such as wind and solar—have grown.