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

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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). —Karplus et al.

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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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Without significant additional policy interventions to induce market penetration of breakthrough passenger car and aircraft technologies, the overall European (EU27) greenhouse gas (GHG) emissions reduction goals for 2050 will be difficult to meet, according to a new study by researchers from the University of Cambridge, Stanford University and MIT.

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MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

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There are many options available for reducing the fuel, energy, and GHG emissions impacts of LDVs. The MIT Energy Initiative is MIT’s hub for energy research, education, and outreach. More research, development, and demonstration studies are needed to lay the foundation for such a long-term transformation.

MIT 150