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Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases

Green Car Congress

Meeting the goal of cutting US oil dependence depends largely on two things, Obama said: finding and producing more oil at home, and reducing dependence on oil with cleaner alternative fuels and greater efficiency. We have to find ways to boost our efficiency so that we use less oil. And we have to do it quickly.

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Refiners and Truckers Associations Challenge California LCFS in Federal Court

Green Car Congress

It discriminates both on its face, and as applied, against transportation fuels and fuel feedstocks imported from outside of California with the intended effect of (i) promoting in-state production of transportation fuels, and (ii) “keep[ing] consumer dollars local by reducing the need to make fuel purchases from beyond [California’s] borders.”.

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OECD paper presents and analyzes policies and programs to foster market growth of green cars

Green Car Congress

The OECD, the Organisation for Economic Co-operation and Development formed in 1960 when 18 European countries plus the US and Canada joined forces to create an organization dedicated to global development. Alternative fuels include biofuels, natural gas, hydrogen and electricity from the grid. Source: OECD. Click to enlarge.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

The outlook for oil demand differs sharply between the three scenarios, primarily as a result of the different assumptions about government policies, such as fuel efficiency standards, removal of end-user subsidies and support for alternative fuels, and the extent to which they succeed in curbing oil demand.

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Using the PHEV (Plug-In Hybrid Electric Vehicle) to Transition Society Seamlessly and Profitably From Fossil Fuel to 100% Renewable Energy

Green Car Congress

The alternative-fuel car evolved to reduce exhaust emissions and other problems derived from burning fossil fuels. The PHEV (Plug-in Hybrid Electric Vehicle), a subset of the electric car, combines a primary electric motor with a much smaller back-up engine fueled with a hydrocarbon/biofuel mix.

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The redesigned federal EV tax credit and other EV-related measures

Charged EVs

Marketing gurus tell us that luxury buyers don’t tend to be very price-sensitive—if you can afford an $80,000 car, a few thousand bucks one way or the other is unlikely to affect your purchase decision. The IRA also extends existing renewable energy tax credits for utilities, which could make EV charging cleaner and cheaper.