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Belfer Center Brief Urges Higher, Stable Energy Prices to Achieve Long-Term Energy Policy Objectives

Green Car Congress

The brief concentrates on six topics: climate change policy, carbon capture and storage policy, oil security policy, energy-technology innovation policy, electricity market structure, and infrastructure policy. Climate change policy. Oil security policy. If the price later rose above $90, the tax would disappear.

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Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

Green Car Congress

Volatility hurts us too, for as we’ve learned the price of oil can rise sharply in a short period of time. This means our economic stability is at stake because of our reliance on oil. In fact, four of the last five recessions were started by an oil price spike. [ Source: EIA.

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Refiners and Truckers Associations Challenge California LCFS in Federal Court

Green Car Congress

It will protect us from volatile oil prices and provide consumers with cleaner fuels and provide the nation with greater energy security. Instead of fighting us in court, they should be working with us to provide consumers in California and the rest of the nation with the next generation of cleaner fuels. LCFS Complaint.

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Toyota Plug In

Plug In Partners

Such plug-in hybrids can run longer as an electric vehicle than regular hybrids, and are cleaner. Event Summary Oil prices are at record highs. The overwhelming dependence of our cars and trucks on oil strains family budgets, threatens our national security and contributes to global warming. You can watch the event here.

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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g., The potential impacts of PEVs on climate change are of particular concern. Long-Term R&D Commitments.

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GSI/UNEP conference report finds fossil-fuel subsidy reform complex and challenges sobering; ~1% of global GDP spent on fossil-fuel subsidies

Green Car Congress

For example, at peak oil price in 2008, Indonesia was spending 40% of its budget on transport fuel—more than health, education and infrastructure development combined. ” Some of the main lessons drawn from the report include: Fossil-fuel subsidies absorb serious amounts of money.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. —WEO 2011. Click to enlarge.

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