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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas.

Chicago 150
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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

Domestic crude oil production increases sharply in the AEO2014 Reference case, with annual growth averaging 0.8 million barrels per day (MMbbl/d) through 2016, when domestic production comes close to the historical high of 9.6 Natural gas overtakes coal as the largest fuel for US electricity generation. MMbbl/d achieved in 1970.

Oil 290
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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Beyond 2020, CAFE standards for both passenger cars and light-duty trucks are held constant.

Gas 199
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NRC report concludes US LDVs could cut oil consumption and GHGs by 80% by 2050; reliance on plug-ins, biofuels and hydrogen; strong policies mandatory

Green Car Congress

Projected rates of fuel consumption improvement under different scenarios relative to past experience and the 2016 and 2025 CAFE standards. High fuel prices, whether due to market dynamics or taxes, are effective in reducing fuel use. Source: NRC. Click to enlarge. The committee suggests that the U.S.

Hydrogen 244
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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

The bill provides assistance to those Americans who may be disproportionately affected by potential increases in energy prices through tax cuts and an energy refund program. Decreasing Dependence on Foreign Oil. Significant tax incentives encourage the conversion of trucks and heavy-duty fleets to natural gas vehicles.

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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Or No Cars?

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Solar Smackdown in Torrance – Installer Sues City on Behalf of the Sun

Creative Greenius

And I wasn’t interested in selling solar based on, “Hey it prevents oil,” you know. You pay your taxes on-line. You pay your corporate taxes on-line. THE HOLY GRAIL OF SOLAR: $3 A WATT, CHEAPER THAN COAL. And at sub $3 you’re cheaper than coal. It was just too much of a nexus for me. That’s pitiful.

Solar 210