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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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Gillard said that by 2020, this would cut emissions by some 160 million tonnes per year. The price ceiling will be set at A$20 above the expected international price and will rise by 5% in real terms each year. Transport fuels will be excluded from the carbon pricing mechanism. a year in real terms. the trading scheme.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

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Studies show that California will need 125,000 to 220,000 charging ports from private and public sources by 2020 in order to provide adequate infrastructure. Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles. But it works out to only 0.05

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

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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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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Leading international efforts for GHG emission reductions and adaptation. The Better Buildings Challenge targets helping American commercial and industrial buildings becoming at least 20% more energy efficient by 2020. of greenhouse gas emissions to 3% by 2020. Preparing the US for the impacts of climate change.

Obama 249
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CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

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Adequacy requires the measures, in their entirety, to have the potential to meet the target while neither undermining the internal market for transport nor its affordability. The EU must push member states to align taxation levels of different fuels and vehicle types and stop indirect subsidies.

Emissions 210