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Gas prices due to drop in 2024, as EVs plug into cleaner energy

Green Car Reports

The cost of gasoline and the carbon footprint of EVs could both fall in the new year. Energy Information Administration (EIA) expects combined electricity generation from solar and wind to exceed coal for the first time in 2024. Solar alone is expected to increase 39% from 2023 thanks to continual increases in generating capacity.

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MIT team proposes flex-fuel gasoline-alcohol engine PHEV long-haul trucks

Green Car Congress

In a paper being presented at WCX SAE World Congress Experience in Detroit this week, a team from MIT is proposing the use of a flex-fuel gasoline-alcohol engine approach for a series-hybrid powertrain for long-haul Class 8 trucks. —Daniel Cohn. —Daniel Cohn.

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Gas prices due to drop in 2024, as EVs plug into cleaner energy

Baua Electric

The cost of gasoline and the carbon footprint of EVs could both fall in the new year. Solar panels on a Walmart store While drivers of gasoline cars may be in for some relief, it’s unclear if that will also be the case for EV drivers.

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UPS collaborating with Workhorse to deploy 50 electric trucks; rivaling acquisition cost of conventional; no subsidies

Green Car Congress

Electric vehicle technology is rapidly improving with battery, charging and smart grid advances that allow us to specify our delivery vehicles to eliminate emissions, noise and dependence on diesel and gasoline. The all electric trucks will deliver by day and re-charge overnight.

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Carbon Sciences plans to act as developer for US-based methane-to-gasoline plant

Green Car Congress

says it plans to act as the project developer for a US-based gas-to-liquids plant that will use ExxonMobil’s proprietary methanol to gasoline (MTG) process to convert methane into gasoline. The syngas production section accounts for more than 50% of the capital cost of a methanol plant. California-based Carbon Sciences, Inc.

Gasoline 230
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CMU study finds taxes on emissions would result in more rapid electrification by ridesharing companies

Green Car Congress

Externality reductions vary from 10% in New York (where externality costs for both gasoline and electricity consumption are relatively high and a Pigovian tax induces a partial shift to BEVs), to 22% in Los Angeles (where high gasoline and low electric grid externalities lead a Pigovian tax to induce a near-complete shift to BEVs).

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California Governor orders all new cars and passenger trucks sold in California be ZEVS by 2035; medium-and heavy duty trucks by 2045

Green Car Congress

The executive order will not prevent Californians from owning gasoline-powered cars or selling them on the used car market. It supports companies who transition their upstream and downstream oil production operations to cleaner alternatives.