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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

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A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. Peters, D. Schnell, J. Kinney, P. Naik, V., & Horton, D.

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UN report projects that increasing use of HFCs likely to have a significant climate impact by 2050; equivalent to current total annual emissions from transport

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The decrease in CO 2 equivalent emissions of ODSs (ozone-depleting substances: CFCs, halons, HCFCs, and others) may be offset by the projected increase in their non-ozone depleting substitutes (HFCs) (lines designated as HFC scenarios). The contribution of HFCs to climate forcing is currently less than 1% of all greenhouse gases.

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MIT study finds air quality co-benefits of US carbon policies can significantly offset costs, depending upon the policy

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The human health benefits associated with improvements in air quality related to the reduction in greenhouse gas emissions improvements can offset 26–1,050% of the cost of US carbon policies, depending upon the type of policy, according to a new study by a team from MIT. times the cost of implementing a cap-and-trade program.

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ICCT study finds that transitioning to low-GWP MAC refrigerants in China could avoid up to US$150B in costs

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Among the findings of the report, “HFC-134a phase-out in the Chinese light-duty motor vehicle sector”, was that, considering the social cost of CO 2 e, up to 1 trillion RMB in costs (US$150 billion) required to address climate change could be avoided through 2050 by transitioning to low-GWP alternative MACs.

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Study suggests cap and trade programs do not provide sufficient incentives for energy technology innovation; implications for climate policy

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Respectively, Title IV of the 1990 Clean Air Act and the Ozone Transport Commission/NO x Budget Program.). —Taylor 2012. Margaret R. Taylor (2012) Innovation under cap-and-trade programs, PNAS doi: 10.1073/pnas.1113462109. 1113462109.

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National Academies Report Examines Hidden Cost of Energy Production and Use in US; Estimates $120B in 2005

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Health and other non-climate damages by life-cycle component for different combinations of fuels and light-duty automobiles in 2005 (top) and 2030 (bottom). Source: “Hidden Costs of Energy”. Source: “Hidden Costs of Energy”. Damages are expressed in cents per VMT (2007 USD). Click to enlarge. Click to enlarge.

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EPA proposes new standards to reduce methane and VOCs emissions from oil and gas industry

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The gas and hydrocarbons can then be treated and used or sold, avoiding the waste of natural resources that cannot be renewed. The draft CTGs include information on cost-effective control technologies to help states in making their RACT determinations. Costs and benefits. Net benefits are estimated at $35 million to $42 million.

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