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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. We need both a policy like a carbon tax and to put more R&D money into renewables.

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Elon Musk On Climate: Tax Carbon Appropriately, Tesla Founder Says (Video)

Green Car Reports

The COP21 climate summit in Paris is now in its second week. Presentations, conferences, trade shows, and probably thousands of individual meetings are being held among attendees from almost all the countries of the world.

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Australia unveiled its new EV policy

Electric Vehicles India

But the plan doesn’t provide financial or tax support to help Australian motorists to switch to a eco-friendly vehicle. However before the last election in 2019, Morrison denied his support for electric vehicles at a press conference in Melbourne. He said the battery-powered cars would not “tow your trailer.”.

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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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IATA Calls for Government-Industry Alignment on Aviation Emissions; Biofuels May be Certified by 2010

Green Car Congress

The International Air Transport Association (IATA) called for the aviation industry and governments to bring an aligned global approach on aviation carbon emissions to the United Nations Framework Convention on Climate Change (UNFCCC) conference to be held this December in Copenhagen.

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

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Although not part of the conferences formal structure, the themes were addressed in the presentations and panel discussions.

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EC Project Concludes Transport Unlikely to Deliver Required GHG Cuts to Contribute to Meeting Overall 2050 GHG Reduction Target Without Policies to Limit Demand Growth

Green Car Congress

The analysis was based on various combinations of policy options and technological improvements including new vehicle emission limits, increased fuel taxes, support for electric and hydrogen technologies, EU motorway speed limits and land transport’s inclusion in the EU’s emissions trading scheme (ETS).