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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

Some will suffer greatly from climate change, while others may even benefit. The social cost of carbon has become the standard measure to benchmark the magnitude of the carbon taxes needed to implement optimal carbon policy. Setting such a high tax on carbon is probably unrealistic, especially in developing countries.

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

Green Car Congress

a,b, Baseline cases (top dark-blue bar) and changes in emissions associated with increasing LDV travel demand, fuel consumption standards and electrification assuming current fuel economy policy (SAFE standards) (a) and stringent fuel economy policies (CAFE standards for conventional vehicles, along with high vehicle size and weight control) (b).

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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

Green Car Congress

The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. Improving coordination and support for research efforts on climate change preparedness.

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Tesla Semi will be incredibly affordable with US’ revamped EV tax credit

Teslarati

The bill allocates $369 billion for programs that help fight climate change and preserve the environment, and it also includes a number of revamped EV tax credits. That’s a very good deal for an all-electric truck that comes with Autopilot as standard and which consumes less than 2 kWh per mile.

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Is Taxing Carbon Really the Best Way to Decarbonize the Grid?

Energy Institute at HAAS

Our new research suggests clean electricity standards or subsidies might be more beneficial. Some economists and policy advocates present a carbon tax (or … Continue Reading Is Taxing Carbon Really the Best Way to Decarbonize the Grid? Today’s blog post is co-authored with Ryan Kellogg.

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Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

This article shows that including offsets in climate change legislation would likely make an emissions program more cost-effective by: (a) providing an incentive for non-regulated sources to generate emission reductions; and (b) expanding emission compliance opportunities for regulated entities. Assuming the offset is legitimate—i.e.,

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Researchers say fuel market rebound effect can result in increased GHG emissions under RFS2; suggest taxes over mandates

Green Car Congress

The US Renewable Fuel Standard (RFS2) is intended to reduce greenhouse gas emissions from transportation. This “fuel market rebound effect” can undermine climate change mitigation strategies, even to the point where efforts to reduce GHG emissions by increasing the supply of low-carbon fuels may actually result in increased GHG emissions.

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