Remove Climate Change Remove Fuel Tax Remove Oil Remove Products
article thumbnail

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150
article thumbnail

Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

Green Car Congress

The Family Clean Energy Rebate Program would use 60% of the funds from the carbon fee and use the model developed by Alaska’s oil dividend to provide a monthly rebate to every legal US resident to offset potential energy price increases. International sources.

Industry 259
article thumbnail

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

A new study from the Harvard Kennedy School’s Belfer Center for Science and International Affairs finds that reducing greenhouse gas emissions from transportation will be a much bigger challenge than many assume, and will require substantially higher fuel prices combined with more stringent regulations.

article thumbnail

Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Preparing the US for the impacts of climate change. In President Obama’s first term, the DOE established new minimum efficiency standards for dishwashers, refrigerators, and many other products. Preparing the US for the impacts of climate change. Providing a toolkit for climate resilience. Nuclear Power.

Obama 249
article thumbnail

UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

Green Car Congress

The 2009 Pre-Budget Report announces that the duty differential will continue for biofuels made from used cooking oils for two years. To support the value of biofuel production, the price for “buying out” of the Obligation will increase to 30 pence per liter (US$1.83 per gallon US) from the 2010-11 obligation year.

Tax 186
article thumbnail

CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

The report of the task force, which was convened in 2011, brought together the views of a diverse group of stakeholders, including the car and oil industries, business associations, international organizations, EU member states and NGOs. Report Of The CEPS Task Force On Transport And Climate Change. June 2013).

Emissions 210
article thumbnail

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

This is even the case under widespread adoption of the most promising technologies for all transportation modes, due primarily to limitations in biofuel production capacity and a lack of technologies that would drastically reduce CO 2 emissions from heavy trucks and intercontinental aviation, they found.