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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. The open-access paper is published in AGU’s journal GeoHealth.

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Lung Association report highlights health and climate costs of petroleum-based transportation and the benefits of shifting to ZEVs

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Of that $37 billion, health costs added up to $24 billion in 2015; the $24 billion represents the monetized sum of harmful emissions responsible for an estimated 220,000 work-loss days, more than 109,000 asthma exacerbations, hundreds of thousands of other respiratory impacts, and 2,580 premature deaths. in hidden health and climate costs.

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Bosch on importance of renewable synthetic fuels to reach climate goals; e-fuels

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Climate neutrality. Vehicles on the road, when powered by synthetic fuel, are ultimately climate-neutral. Renewable synthetic fuels will become considerably more affordable when production capacities are expanded and the cost of electricity generated from renewable sources comes down. Infrastructure and powertrain technology.

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

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Some will suffer greatly from climate change, while others may even benefit. Lloyd Distinguished Service Professor in Economics, and José-Luis Cruz of Princeton University assesses the local social cost of carbon (LSCC) and how that cost aligns with the carbon reduction pledges countries made under the Paris Agreement.

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Study suggests economic stagnation no excuse for inaction on climate

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Results from a new study by researchers from the Universities of Bristol and Cambridge in the UK has suggest that the social cost of carbon dioxide is higher in a low economic growth world. A paper on the study was published in the journal Nature Climate Change. The cost if economies continue to stagnate is $138 per tonne, however.

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

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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.

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New Report Concludes That Real Costs of Adapting to Climate Change Will Likely Be At Least 2-3X Greater Than Current Estimates

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Representation of damage from climate change avoided by adaptation, and damage not be adapted to (‘residual damage’) over the longer term. Source: “Assessing the costs.” The amount of money on the table at Copenhagen is one of the key factors that will determine whether we achieve a climate change agreement. In Click to enlarge.