Remove Climate Change Remove Cost Of Remove MIT Remove Tax
article thumbnail

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

Green Car Congress

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. Their analysis is published in the Journal of Economic Perspectives.

Chicago 150
article thumbnail

MIT Report Outlines System-Oriented Coordinated Polices for Reduction in Light-Duty Vehicle Petroleum Use and Emissions

Green Car Congress

A new MIT report outlines a system-oriented set of coordinated policies to help the light-duty vehicle sector reduce petroleum-based consumption and its accompanying global warming emissions. We emphasize that this policy portfolio is not a substitute for an economy-wide carbon management policy (such as a carbon tax or cap-and-trade system).

MIT 199
article thumbnail

The Complex Calculus of Clean Energy and Zero Emissions

Cars That Think

government was going to try a whole bunch of different government interventions—incentive programs, tax credits, grants, infrastructure investments—to bend the trajectory of our energy transition. So when I went to MIT to do my Ph.D., There’s just so much that is contingent and unknowable. I and Nestor Sepulveda , who was also a Ph.D.

Clean 106
article thumbnail

MIT study cautions smaller nations on rushing to develop their natural gas resources; Cyprus as model

Green Car Congress

Based on the interim results of a new study, MIT researchers are warning smaller nations to proceed with caution in pursuing the development of their natural gas resources. The cost for these smaller nations makes up a larger portion of their economies, so before spending the money, they need to have the proper expectations.

Cyprus 261
article thumbnail

MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

Green Car Congress

However, the flexibility and lower costs of PHEVs appear to trump this simplicity, certainly in the nearer term. The MIT Energy Initiative is MIT’s hub for energy research, education, and outreach. MITEI’s study on “Mobility of the Future” will explore these and other questions.

MIT 150
article thumbnail

How Carmakers Are Responding to the Plug-In Hybrid Opportunity

Tony Karrer Delicious EVdriven

Plug-in hybrid electric vehicle technologies are not yet competitive due primarily to the high cost of advanced batteries. Ford and SCE will explore whether these batteries have other uses that could reduce their cost to consumers. But we want to give them cause to continue to press forward." ( MIT Technology Review ).

Plug-in 45
article thumbnail

Rapid Charging Electric Cars: How Fast, How Soon?

Tony Karrer Delicious EVdriven

Earlier this month, researchers from MIT said they had developed a process that within three years could lead to electric car batteries able to recharge in as little as five minutes. The thing that bothers me the most about Tesla is not the range or cost of driving an EV. The price goes up with demand and usage. cents a a mile, 1.3