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UC Davis report finds LCFS compliance costs may rise rapidly; recommends offsetting measures

Green Car Congress

Additionally, neither mechanism would compromise the greenhouse gas reduction goals set by Assembly Bill 32. Obligated parties are upstream producers and importers of gasoline and diesel fuel sold in the state. California is a clear leader in enacting greenhouse gas policies in the United States and around the world.

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BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

Green Car Congress

BCG’s analysis finds that cellulosic ethanol is on the verge of becoming cost-competitive with gasoline at $3/gal US. The fortunes of alternative energy have historically waxed and waned with the price levels of oil, gas, and other energy sources, rising when prices are high only to fall once they retreat. Click to enlarge.

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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

Green Car Congress

In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. The low cost of gasoline in the US will yield similar results.

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U.S. EV adoption is happening faster than anticipated

Teslarati

In an interview with Teslarati, Recurrent CEO, Scott Case shared an observation of a study by Boston Consulting Group (BCG) which has released a market projection for EV adoption annually since 2018. It’s what the best industry experts are forecasting about how fast this is going to happen.”