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Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

Green Car Congress

Policies to entice consumers away from fossil-fuel powered vehicles and normalize low carbon, alternative-fuel alternatives, such as electric vehicles, are vital if the world is to significantly reduce transport sector carbon pure-emissions, according to a new study. Share of EDVs in 2050.

Carbon 231
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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

Conventional automotive technologies have significant emission-reduction potential, according to a draft of the Boston Consulting Group’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. —“Powering Autos to 2020” (draft). Source: BCG. Click to enlarge. However, China is a major wildcard.

CO2 246
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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

The EU has also made a commitment to reduce emissions in sectors outside the EU ETS, including transportation, by 10% on year-2005 levels by 2020. R&D as above plus carbon tax applied from 2015, and increased over 10 years to a maximum value of €100/t (US$131) CO 2. R&D plus electric vehicle subsidy.

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UC report to CalEPA outlines policy options to decarbonize California transportation by 2045

Green Car Congress

The overall finding is that combined vehicle and fuel costs for the LC1 scenario are higher over the first 10 years ($10 billion cumulative from 2020 to 2030), and thereafter lower due to the reduced costs for fuel and improved vehicle technology ($177 billion savings cumulative from 2031 to 2045, for a net of $167 billion, 2020 to 2045).