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MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

Green Car Congress

A new report from the MIT Joint Program on the Science and Policy of Global Change shows the importance of all major nations taking part in global efforts to reduce emissions—and in particular, finds China’s role to be crucial. C change by the end of the century. The various taxes would slow warming to 3.5, 2012.04.007.

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

Green Car Congress

The paper is published in the journal Nature Climate Change. A lot of people think that a large-scale shift to EVs will mostly solve our climate problems in the passenger vehicle sector. Tackling climate change is not a one-country, one-sector or one-technology job. —Milovanoff et al. Milovanoff, A.,

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US COVID-19 mitigation efforts resulting in significant decline in traffic, emissions and fuel-tax revenues

Green Car Congress

If traffic remained reduced for one year, the reduction in VMT would allow California to meet half of its 2050 climate change target. Greenhouse gas emissions reductions from road transportation were down across the United States from early March to early April 2020. (UC Fuel saved, tax revenue lost. billion per week.

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Tesla’s Elon Musk reiterates call for a carbon tax in the United States

Teslarati

Elon Musk recently reiterated his support for a carbon tax in the United States, reiterating a point he has emphasized in the past. A 2020 poll shows that 2/3 of American voters agree with Musk’s call for a carbon tax. In a tweet, Musk remarked that it is “high time” for a carbon tax.

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California Senate President pro tem proposes carbon tax on transportation fuels

Green Car Congress

California Senate President pro tempore Darrell Steinberg proposed a carbon tax on fossil transportation fuels to replace the coming cap and trade mandate on that sector in 2015. In 2020, the tax is estimated at 24¢/gallon—lower than the upward price risk under cap and trade at 40¢/gallon. A carbon tax is stable.

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Georgia Tech study projects potential mixed impacts of climate change policies on air quality

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The CT1 and CT2 scenarios, applied economy-wide and in nominal dollars, are intended to represent an upper and lower end of carbon tax options. The more aggressive CT2 begins in 2020 at $50 per ton and reaches $1,400 per ton in 2050. The implementation of relatively aggressive carbon taxes can lead to improvements in PM 2.5

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2020 Keeling Curve Prize application period open; transportation and mobility category

Green Car Congress

The application period has opened for the 2020 Keeling Curve Prize, which awards $25,000 to each of 10 projects designed to reduce greenhouse gas emissions or increase their uptake. The 2020 Keeling Curve Prize application period closes on Feb. of Microsoft; George Polk of Tulum Trust; and Jonathan Silver of Tax Equity Advisors, LLC.

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