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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

Green Car Congress

The model uncovers an important consideration for government agencies as they create regulations to address climate change: To reduce carbon emissions by reducing demand for oil, policymakers must take into account the global oil market’s structure.

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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

The underlying assumption is that the world will immediately use whatever oil can be pumped from the ground, and that supply is independent of demand—that is, oil exploration investments bear no relation to the current oil price or expectations of future demand. Emissions Forecasts Fuels Oil'

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Refiners and Truckers Associations Challenge California LCFS in Federal Court

Green Car Congress

California’s LCFS also would have little or no impact on GHG emissions nationwide and would harm our nation’s energy security by discouraging the use of Canadian crude oil—our nation’s largest source of crude—and ethanol produced in the American Midwest. This is a critical tool to help us break our dependence on fossil fuels.

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Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Green Car Congress

The DOE-QTR defines six key strategies: increase vehicle efficiency; electrification of the light duty fleet; deploy alternative fuels; increase building and industrial efficiency; modernize the electrical grid; and deploy clean electricity. Vehicle efficiency has the greatest short- to mid-term impact on oil consumption.

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Mixed Outlook for Mainstream Consumer Adoption of PHEVs

Green Car Congress

The Most Plausible Early Market consumers value fuel economy. That could yield more than 50 mpg of fuel economy—or usage of less than 300 gallons per year—and still be a lot cheaper than a plug-in hybrid or a fuel cell vehicle, he noted. Our history with alternative fuels has been truly awful.”

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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

Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. By contrast, subsidies for fossil fuels amounted to $409 billion in 2010. The passenger vehicle fleet doubles to almost 1.7

Oil 247
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Demand for oil ‘passed its peak’

Green Cars News

Industry analysts reckon oil demand in developed countries likely reached its all-time peak in 2005. But the stronger governmental and consumer push for passenger vehicle fuel economy gains driven by energy security concerns and climate change initiatives have also led to reduced demand for oil in the OECD.

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