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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

Car fleet composition in the EU under the different scenarios. reduction in global oil consumption results in a drop in global oil prices of 1.2%. Most analyses of the economic assessments of energy efficiency measures normally use fixed oil prices when accounting for economic benefits. Click to enlarge.

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

Green Car Congress

They estimated the number of new vehicles required and the adoption of new technologies and fuels based on their availability and cost effectiveness under projected scenario variables such as fuel price. They then estimated emissions based on fleet composition. This step was iterated with an estimation of demand changes.

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Fuel duty increase: Greenwash or green right?

Green Cars News

Many a motorist will grumble today as they get to the pumps and notice a jump in the fuel prices, following the two pence per litre increase in fuel duty, however environmental pressure group, Friends of the Earth (FoE) think the increase is necessary to coax us out of our cars. What do you think of the increase?

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