Remove Climate Change Remove Tax Remove Tax Credit Remove Universal
article thumbnail

Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

Green Car Congress

To achieve goals for climate and economic growth, “negative emissions technologies” (NETs) that remove and sequester carbon dioxide from the air will need to play a significant role in mitigating climate change, according to a new report from the National Academies of Sciences, Engineering, and Medicine.

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

Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. The largest reductions in GHG emissions from transportation are obtained by increasing the cost of driving with fuel taxes, resulting in lower emissions in 2030 than in 2010.

article thumbnail

Study finds carbon capture & storage could be financial opportunity for conventional ethanol plants

Green Car Congress

Proposed modifications to the California Low Carbon Fuel Standard and recent revisions to existing federal tax credits create a substantial near-term opportunity to permanently sequester biogenic CO 2. The role for CO 2 removal envisioned in stringent climate change mitigation scenarios cannot be overstated.

Carbon 218
article thumbnail

Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

Green Car Congress

Chairman of the Homeland Security and Governmental Affairs Committee, released the details of their long-anticipated energy and climate change legislation on Wednesday, 12 May. Significant tax incentives encourage the conversion of trucks and heavy-duty fleets to natural gas vehicles. Senators John Kerry (D-Mass.),

article thumbnail

Energy Learning Curve Survey Finds Americans Support Wide Array of Proposed Energy Policies, But Are Not Yet Ready to Make Tradeoffs

Green Car Congress

However, the survey also found that the public may not yet be prepared for the tradeoffs and challenges needed to make these proposals a reality, with majorities rejecting measures such as a floor on gasoline prices, congestion charges, or higher fuel taxes. Energy prices, oil dependence and climate change.

Energy 150
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

He identified three major themes in 2009 for renewable energy: “ Energy markets are undergoing their most fundamental changes since the 1930s; cap and trade is the most complex issue outside of health care; and schisms exist within the energy community that will grow stronger over time. Energy Markets in a State of Change.

Financing 150
article thumbnail

Tesla driving test hell: How DMV examiners’ biases are inhibiting the EV transition

Teslarati

After moving from the East Coast to teach at the University of California, it became pertinent for the 38-year old engineer and scientist to have his own driver’s license again. Credit: Tesla Inc. The Professor was looking forward to getting a new US driver’s license. He drove a Tesla.

Tesla 145