Remove Automobile Remove Cost Of Remove Price Remove Universal
article thumbnail

Milk and gasoline: the cost of the energy they provide to fuel our bodies and automobiles

Green Car Congress

This brief analysis examines the relative cost of the energy from milk and gasoline. The average price of conventional (not organic) whole milk in September 2020 was $3.56 The average price of conventional (not organic) whole milk in September 2020 was $3.56 Therefore, the cost of 1,000 Btu from regular gasoline was $0.02.

Gasoline 321
article thumbnail

Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

Green Car Congress

The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. Conservative estimates resulted in an implied carbon cost exceeding $365 per ton, and more likely scenarios produced a cost of more than $500 per ton. However, the.

article thumbnail

European truck manufacturers call for action to prevent aftermarket manipulation of NOx emissions controls

Green Car Congress

In the wake of a report by the German television station ZDF identifying widespread aftermarket manipulation of NO x emissions control technologies on trucks, the European Automobile Manufacturers’ Association (ACEA) is calling for government action to preclude such manipulation.

Emissions 207
article thumbnail

China and Norway Lead the World’s EV Switchover

Cars That Think

Demand for battery-powered vehicles has risen steadily as advances in battery technology and production have brought the purchase prices of EVs down. EVs are at the point where their sticker prices have fallen or will soon fall below those of comparable vehicles with internal combustion engines.

Norway 83
article thumbnail

University of Michigan Report Finds Focus on Fuel Economy Would Be Very Profitable for Detroit 3; Says Rapid, Wide-Reaching Change in Business Models Required for Turnaround

Green Car Congress

A new report released by the University of Michigan Transportation Research Institute ( UMTRI ) analyzes critical choices faced by automakers and finds that broad, deep, fast change is necessary for success in the context of the worst financial crisis in the history of the domestic automobile industry. Click to enlarge. billion.

article thumbnail

Study Finds Both Unemployment Rate and Fuel Price Influence Buyers Decisions on Fuel Economy of Vehicles Purchased

Green Car Congress

A new study by a two researchers at the University of Michigan’s Transportation Research Institute (UMTRI) found that during this period both the unemployment rate and the cost of gasoline influenced buyers’ decisions concerning the fuel economy of vehicles purchased. This ended when gasoline prices declined in late 2008.

article thumbnail

Working paper argues new US energy efficiency regulations are ineffective at GHG reduction and incorrectly override consumer preference

Green Car Congress

Instead, according to a new working paper by a duo from The Brookings Institution and Vanderbilt University, the bulk of the estimated benefits from the regulations stem from private benefits such as fuel savings to consumers, based on the regulators’ presumption of consumer irrationality. Senior Fellow at the Brookings Institution, and W.

Energy 265