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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). Resources.

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Ryder San Francisco fueling facility offers 100% renewable diesel

Green Car Congress

Ryder System, a leader in commercial fleet management, dedicated transportation, and supply chain solutions, has begun to offer 100% renewable diesel (RD) fuel at its San Francisco fueling facility. Cities must work with the private sector to reduce carbon pollution by transforming the energy we use to move people and goods.

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New UK Report Welcomes Moves to Promote Green Cars but Stresses Importance of Policies to Reduce Car Use

Green Car Congress

Policies could have a large impact through reducing the need to travel and promoting walking, cycling, public transport and efficient driving, as well as encouraging low carbon cars. The report reviews policies that bear upon two categories of choice: travel choices such as how and how far to travel and vehicle purchase choices.

Fuel Tax 150
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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

Existing fleet and vehicle withdrawal were estimated using fleet data by vehicle location and age, and vehicle age-dependent retirement curves. They then estimated emissions based on fleet composition. Carbon accounting practices have a strong impact on total emissions. R&D plus fuel cell electric vehicle subsidy.

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Congressional Budget Office estimates US federal policies promoting EVs and other fuel-efficient vehicles will cost $7.5B through 2019; little or no impact on gasoline use and GHG in the short term

Green Car Congress

Tax credits and gasoline prices necessary for various electric vehicles to be cost-competitive with conventional vehicles at 2011 vehicle prices. That finding takes into account both the higher purchase price of an electric vehicle and the lower fuel costs over the vehicle’s life. Source: CBO. Click to enlarge.

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GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

Green Car Congress

Increasingly efficient conventional combustion-engine vehicles will be key in moving towards a low carbon future, according to the GFEI. The global vehicle fleet is predicted to double by 2050 with 80% of that growth in the developing world. However after 2030, strong growth in PEVs and other very low?carbon —GFEI working paper.

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IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

Green Car Congress

The policy package includes a new fuel economy readiness index, which measures the extent to which countries have implemented steps that will fully exploit the potential of existing fuel economy technologies and maximise their use in vehicles. Fiscal measures can have a strong influence on vehicle-purchasing behavior.