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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050).

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Citi report finds meeting higher CAFE/GHG standards likely to bring higher profits for all automakers, nearly $2.5 billion in extra profits for Detroit Three

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Source: “Fuel Economy Focus: Perspectives on 2020 Industry Implications”. The report, “Fuel Economy Focus: Perspectives on 2020 Industry Implications,” evaluates the impact that meeting the proposed fuel economy/GHG standards would have on the car industry in the year 2020. Click to enlarge.

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DOE seeking input on analysis methodology and assumption for estimating total cost of ownership of future advanced vehicle technologies

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DOE conducted a preliminary analysis for several fuel/vehicle pathways for present day (2011) and future (2016 and 2030) mid-size cars to examine the potential for technology improvement to reduce the total costs of ownership of advanced powertrain vehicles and fuels to levels comparable to conventional powertrain vehicles and fuels.

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Worthington Industries introduces Type 3 Rail Mount CNG fuel system for trucks

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With only five unique parts, the Type 3 Rail Mount is the lightest fuel system on the market, offering a similar operating experience to diesel trucks. It is designed to improve fuel economy and increase payload, reducing fleet total cost of ownership. For others, it’s a fuel economy factor.

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EIA projects decline in transportation sector energy consumption through 2037 despite increase in VMT, followed by increase

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For the Transportation sector, EIA projects that energy consumption will decline between 2019 and 2037 (in the Reference case) because increases in fuel economy more than offset growth in vehicle miles traveled (VMT). Gains in energy efficiency offset increases in travel for passenger and freight modes.

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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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new appliance standards and CAFE) and changes in the way energy is used in the US economy. quadrillion Btu in 2025, due to incorporation of the model year 2017 to 2025 GHG and CAFE standards for LDVs. Growth in diesel fuel consumption will be moderated by the increased use of natural gas in heavy-duty vehicles.

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Audi survey finds more than half of US drivers would support government initiative to spur diesel vehicle sales

Green Car Congress

Government has set very rigorous standards for future fuel economy, and we believe that clean diesel is perfectly positioned to help us achieve those goals. Audi believes there are a variety of viable alternative fuel solutions, including electric, but diesel is readily available today.

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