article thumbnail

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

The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. A gallon of gasoline creates roughly 20 pounds of carbon dioxide when combusted. However, the. Christopher Knittel. Economic Impact? Christopher R.

article thumbnail

EPA trends report sees record levels of average new vehicle fuel economy and CO2 emissions for MY 2012; role of new gasoline vehicle technologies

Green Car Congress

EPA projects advanced transmissions (6+ speeds and CVTs), gasoline direct injection (GDI) systems, and turbocharged engines will be installed on at least 15% of all MY 2013 vehicles. The majority of the emissions and fuel savings from current vehicles, EPA noted, is due to new gasoline vehicle technologies. Click to enlarge.

article thumbnail

EPA annual report on CO2, fuel economy and technology trends finds 2012 heading for all-time best; rapid adoption of new technologies

Green Car Congress

The US Environmental Protection Agency (EPA) released its annual report summarizing key trends in carbon dioxide emissions, fuel economy, and CO 2 - and fuel economy-related technology for gasoline- and diesel-fueled personal vehicles sold in the United States, from model years (MY) 1975 through 2012. Source: EPA. Click to enlarge.

article thumbnail

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Pioneering companies now have designs to turn gasoline- and diesel-powered vehicles into all-electrics or plug-in hybrids, depending on how they’re built and the range their drivers need. These zero-carbon biofuels plus lower-carbon natural gas will fuel plug-in hybrids when they drive beyond their electric commuting range.

Oil 252