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

Green Car Congress

Because firms are able to bank credits over time, anticipated high costs in the future may lead to higher costs in the present before any constraints bind on the industry. Obligated parties are upstream producers and importers of gasoline and diesel fuel sold in the state. Both options will be associated with high LCFS credit prices.

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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. For some alternative-energy industries—CCS and off shore wind, for example—real competitiveness is still a distant probability. Click to enlarge. BCG, November 2010).

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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.”