U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes
Green Car Congress
FEBRUARY 24, 2016
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. Currently battery costs for an electric vehicle are about $325 per kWh.
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