Remove 2018 Remove Cost Of Remove Oil Remove Purchase
article thumbnail

Baker Institute team says fossil fuel subsidies need global reform

Green Car Congress

In 2018, eight member states maintained $207 billion in fossil fuel subsidies, International Energy Agency (IEA) data show. Costs ranged from a low of 0.3% of GDP in China to nearly 6% of GDP in Saudi Arabia, where, despite two cycles of price hikes, 60% of the cost of energy products and services continued to be borne by the state.

article thumbnail

AT&T deploys 5,000th alt-fuel vehicle; tracking to goal of 15,000 by 2018

Green Car Congress

AT&T has placed 5,000 alternative-fuel vehicles (AFVs) on US roads since the company embarked on a 10-year commitment of up to $565 million to deploy approximately 15,000 alternative fuel vehicles through 2018, including one of the largest US corporate commitments to compressed natural gas (CNG) vehicles to date. Earlier post.)

2018 199
article thumbnail

Alstom and MOL to explore use of hydrogen technologies for rail transport in Hungary

Green Car Congress

Alstom and MOL, Hungary’s leading oil and gas company, have signed a Memorandum of Understanding to structure cooperation in examining the use of hydrogen technology in rail transportation. Alstom is a pioneer of hydrogen technology, having introduced the Coradia iLint to the German market in September 2018 ( earlier post ).

Hungary 334
article thumbnail

Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

November 27, oil consuming countries will celebrate the first anniversary of the Saudi decision to let market forces determine prices. per barrel oil in 2015 and 2016 respectively, while the October projections are based $51.62 by Dalan McEndree for Oilprice.com. — Mad Max: Beyond Thunderdome. and $65.65 respectively.

Russia 150
article thumbnail

Comment on BYD posts over 400% year-on-year Q1 profit growth by John Hanna

CN EV Post

In April 2013, John bought TSLA at a split-adjusted cost of $3.10 /share. And between 2013 and 2018 John put the rest of his investable asserts into TSLA. His LEAST profitable purchase has brought him an 8.5 We got this" , say Warren and Charlie. and they're actually moderately successful in recent years with those picks.

BYD 82
article thumbnail

Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

This figure represents a 46 peercent increase compared to sales made in 2018. Say Goodbye to Fuel Costs. A small margin in the market drastically affects the cost of fuel and its availability. An electric car does not require a regular oil changes or tune-ups. In 2019, the sales of electric vehicles totaled 1.1

article thumbnail

2018 VW Tiguan and new 2.0 TSI B-cycle engine gives VW a strong offering in compact SUV segment

Green Car Congress

Volkswagen of America is in the process of rolling out its all-new long wheelbase 2018 Volkswagen Tiguan ( earlier post ). As with the all-new 2018 Volkswagen Atlas full-size SUV ( earlier post ), the new Tiguan is based on Volkswagen’s Modular Transverse Matrix (MQB) architecture. Significance of the 2018 Tiguan.

2018 314