article thumbnail

Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

A study by University of Chicago economist Esteban Rossi-Hansberg, the Glen A. Lloyd Distinguished Service Professor in Economics, and José-Luis Cruz of Princeton University assesses the local social cost of carbon (LSCC) and how that cost aligns with the carbon reduction pledges countries made under the Paris Agreement.

Tax 397
article thumbnail

Study finds all-electric rideshare fleet could reduce carbon emissions, but increase traffic issues

Green Car Congress

Major ridesourcing companies Uber and Lyft have promised all-electric fleets by 2030 in an effort to reduce their carbon footprint. Overall, electrification reduces net external costs to society by 3–11% (5–24¢ per trip), depending on the assumed social cost of carbon. —Mohan et al. Mohan et al.

Fleet 195
article thumbnail

IIT researchers develop electrolyzer that converts CO2 to propane

Green Car Congress

Researchers at Illinois Institute of Technology (IIT), with colleagues at the University of Pennsylvania and the University of Illinois at Chicago have developed an electrolyzer capable of converting carbon dioxide into propane in a manner that is both scalable and economically viable. —Esmaeilirad et al.

Convert 370
article thumbnail

U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. We need both a policy like a carbon tax and to put more R&D money into renewables.

Chicago 150
article thumbnail

NASEM announces provisional committee for new study on life cycle analyses of low-carbon fuels

Green Car Congress

The National Academies of Sciences, Engineering, and Medicine’s (NASEM’s) Board on Environmental Studies and Toxicology (BEST) announced the provisional committee for a new consensus study, Current Methods for Life Cycle Analyses of Low Carbon Transportation Fuels in the United States. The committee members are: Valerie M. Jennifer B.

Carbon 186
article thumbnail

Argonne & Partners Create a New Approach to Transportation: Pairing Off-Street Parking with Electric Scooters

CleanTechnica EVs

Argonne teams up with the Civic Infrastructure Collaborative and Millennium Parking Garages to reduce traffic congestion and greenhouse gas emissions Offering electric scooter rentals to parking garage customers can help reduce traffic and carbon emissions in Chicago, according to an Argonne collaboration.

article thumbnail

LanzaJet and Marquis Sustainable Aviation Fuel (SAF) to build 120 mgpy Alcohol-to-Jet plant in Illinois

Green Car Congress

The plant will employ on-site carbon capture and sequestration and renewable energy to produce SAF, resulting in a lifecycle greenhouse gas reduction of more than 70% compared to conventional jet fuel. The partnership we now have in place with LanzaJet allows our company to advance low-carbon solutions to address the climate crisis.

Illinois 186