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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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Australia’s per capita CO 2 emissions are higher than those of the US due to an emissions-intensive energy sector. Australia Prime Minister Julia Gillard unveiled Australia’s carbon pricing plan—a core element in a new clean energy plan—in a short address to the nation. Click to enlarge.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Preparing the US for the impacts of climate change. In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. The proposed solicitation will cover a broad range of advanced fossil energy projects. A Federal Quadrennial Energy Review.

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Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

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Burgeoning demands for mobility and private vehicle ownership undermine global efforts to reduce energy-related greenhouse gas emissions. Here, we develop state-of-the-art representations of consumer preferences in multiple global energy-economy models, specifically focusing on the non-financial preferences of individuals.

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Analysis concludes that current transportation policy in most US states will likely worsen GHG emission trends in US

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transportation policy with climate change and energy goals, and some put in place systems that effectively sabotage these goals. transportation, and ensure state fuel taxes can support all transportation modes. transportation, and ensure state fuel taxes can support all transportation modes.

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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introduced legislation that would set an escalating fee on greenhouse gas emissions from large stationary sources to fund investments in energy efficiency and sustainable energy technologies and also provide rebates to consumers to offset increases in energy prices. Investment in energy efficiency and sustainable energy.

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Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

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Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. While CO 2 prices are equivalent to fuel taxes, CO 2 prices at their projected levels are far too small to create a significant incentive to drive less.

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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

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The GFEI, a partnership of international agencies and top energy policy experts, suggests that these cost savings could in part be used to help offset the costs of developing a global market for electric vehicles over this time frame, since the savings are estimated to be at least four times bigger than these costs. —GFEI working paper.