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

Green Car Congress

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. Setting such a high tax on carbon is probably unrealistic, especially in developing countries.

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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

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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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VIA Motors launches Chicago voucher program for fleet and businesses for extended range EVs

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VIA Motors announced a voucher program for Chicago-area fleet and business owners that will reduce the initial costs of owning a VIA Motors extended range pickup truck, extended range electric passenger van, or extended range electric cargo van. VIA VTRUX offers up to 40-mile battery range and.

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Hyundai introduces 2018 Sonata Hybrid and Plug-in Hybrid models at Chicago Auto Show

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Hyundai unveiled the redesigned 2018 Sonata Hybrid and Plug-in Hybrid models at the Chicago Auto Show. Sonata Plug-in Hybrid buyers are currently eligible for a $4,919 federal tax credit. In addition, the Sonata Plug-in Hybrid is eligible for HOV-lane access in certain states. Hybrid Powertrain.

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U Chicago study proposes market-based approach to fuel economy standards to deal with impacts of fuel price volatility

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A new study by Ryan Kellogg, a professor at the University of Chicago Harris School of Public Policy and author of the study, evaluates the current approach and proposes a novel, market-based alternative: indexing the standard to rise and fall with the price of gasoline. And, it doesn’t require new legislation from Congress.

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Top 15 Nissan LEAF markets in US in 2013

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Georgia has a tax credit worth up to $5,000 for zero-emissions vehicles. San Diego ranks in the top LEAF cities for many of the same reasons in other California and West Coast markets: state tax incentives, HOV/HOT access and general environment-mindedness. Chicago and Denver (tied). area, Maryland offers a $1,000 EV tax credit.

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US average retail gasoline prices ended 2017 lower than they started

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Midwest (Chicago and Cleveland). Prices in Chicago were higher than prices in Cleveland and the Midwest regional average in every week during 2018. In addition, gasoline taxes in the region are among the lowest in the country. Average prices for the entire East Coast region moved within a range of $2.25/gal gal to $2.91/gal

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