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Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

Green Car Congress

program is paying nearly 10 times the projected price of carbon credits per ton in the best-case scenario, according to an analysis of the implied cost of carbon dioxide reductions under the program by UC Davis transportation economist Christopher Knittel. do not discuss the merits of the program in terms of stimulus.

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Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

Cost per ton of carbon reduced. jobs for each million dollars of program costs) than other fiscal stimulus programs, such as increasing unemployment aid, reducing employers’ and employees'' payroll taxes, or allowing the expensing of investment costs. The program resulted in a reduction of carbon dioxide emissions of only 8.58

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Headwaters and University of Utah Form JV for Carbon Storage

Green Car Congress

Headwaters Incorporated has formed a joint venture with the University of Utah—Headwaters Clean Carbon Services LLC (HCCS)—which will provide a full range of services for CO 2 geologic storage and CO 2 used for enhanced oil recovery and enhanced coalbed methane recovery. Earlier post.). Jim Lepinski, President of HCCS.

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CMU study explores optimizing PHEV design and allocation to minimize life cycle cost, petroleum consumption, and GHG emissions

Green Car Congress

Under our base case assumptions, life cycle costs and GHGs of HEVs and PHEVs are comparable, particularly for drivers who charge frequently, and the least-cost solution is sensitive to the discount rate and the price of gasoline, electricity, and batteries. gal gasoline, $0.11/kW Relative to our base case of $3.30/gal

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Earlier post.). Is tax equity dead?

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NYC Goes EV

Revenge of the Electric Car

Would these vehicles truly help to lower carbon emissions. They rely on a battery charged from a standard 120 volt or 240 volt outlet and do not produce carbon emissions while running but require frequent charging. In 2008, transportation accounted for 22 percent of all city carbon emissions. Should the city encourage their use?

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

Their systems approach leads to synergies that have the potential to dramatically reduce corn ethanol’s carbon footprint. First, the industry is approaching the ethanol-to-gasoline blend wall of 10% ethanol, 90% gasoline in standard gas engines. gasoline would need to be greater than $2.80/gallon