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

Green Car Congress

Some will suffer greatly from climate change, while others may even benefit. A study by University of Chicago economist Esteban Rossi-Hansberg, the Glen A. The social cost of carbon has become the standard measure to benchmark the magnitude of the carbon taxes needed to implement optimal carbon policy.

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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.

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Chevrolet purchasing and retiring up to $5M in carbon credits to help 11 colleges pay for efficiency projects

Green Car Congress

Chevrolet is purchasing carbon credits worth up to $5 million to help 11 colleges in the US pay for energy efficiency-based carbon reductions. The GM brand will retire the carbon credits to benefit the climate instead of using them to offset the emissions of Chevrolet vehicles or operations. Of the nearly 8.2

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IPCC Scientist Says Climate Change Likely to Accelerate More Quickly and Be More Damaging Than Predicted

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Without decisive action, climate change this century is likely to accelerate at a much faster pace and cause more environmental damage than predicted, according to Professor Chris Field of Stanford University, and a leading member of the UN Intergovernmental Panel on Climate Change. Chris Field.

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Cold Weather Range Loss & Electric Vehicles: Separating Fact From Fiction

CleanTechnica EVs

Earlier this month, some electric vehicle (EV) owners in Chicago discovered their batteries were dead during a frigid cold spell. continued] The post Cold Weather Range Loss & Electric Vehicles: Separating Fact From Fiction appeared first on CleanTechnica.

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Global study shows uneven urbanization among large cities in the last two decades

Green Car Congress

The largest greening BUAs are Pearl River Delta (PRD), Tokyo, Yangtze River Delta (YRD), Miami, Beijing, Chicago, Seoul, Tianjin, São Paulo, and Osaka. Of the 841 cities studied, 325 showed significant greening with more than 10% of greening BUAs. 101 of these are located in China.

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EPIC: state-level renewable electricity mandates increase electricity prices up to 17% over 12 years; cost more expensive than benefit

Green Car Congress

As states take the lead in confronting climate change, a flagship policy is often Renewable Portfolio Standards (RPS). A new study analyzing data from the 29 states and District of Columbia with mandatory RPS policies finds that the policies come at a high cost to consumers and are inefficient in reducing carbon emissions.

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