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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 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. The Government intends to introduce legislation to underpin the carbon pricing mechanism into Parliament in the second half of 2011. Click to enlarge.

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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. Among the financing provisions of the legislation are: Price on carbon.

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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, and ensure state fuel taxes can support all transportation modes. Managing traffic through congestion pricing tools and incentivize low-carbon transportation options through comprehensive commuter programs. Update transportation financing and funding formulas to reward reductions in driving, VMT, and fuel.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

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Based on our current projections, the well-to-wheel emissions advantage of EVs over ICE-propelled vehicles, currently estimated at 40 to 60 percent, will fall to 30 to 50 percent in 2020 as advances in ICE technologies narrow the gap and power generation from clean non-fossil fuels continues to grow slowly in most regions. Source: BCG.

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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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The Department of Agriculture’s Rural Utilities Service will finalize a proposed update to its Energy Efficiency and Conservation Loan Program to provide up to $250 million for rural utilities to finance efficiency investments by businesses and homeowners across rural America.

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