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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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

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Car fleet composition in the EU under the different scenarios. reduction in global oil consumption results in a drop in global oil prices of 1.2%. Most analyses of the economic assessments of energy efficiency measures normally use fixed oil prices when accounting for economic benefits. Click to enlarge.

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Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

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This transformation, they write, which poses challenges and opportunities for economic growth and climate policy, demands technologies that are not yet commercialized and coordination of investment, technology development, and infrastructure deployment. reduction in fuel costs even with electricity prices doubled. 1,200 per capita).

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Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

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That is why he would like to see “ in Europe in particular, a climate where new technologies are not eyed with suspicion right from the outset ”, but rather a climate “ where innovations are truly welcome. ” Oil will not be as cheap as it is at the moment for ever. The CO 2 limits apply irrespective of fuel prices.

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Perspective: Government Leadership Needed for Electric Vehicles to Succeed

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Perspective by Chris Hill, Manager, Central Fleet for the City of Hamilton, Ontario, Canada, and author of Hamilton’s Green Fleet Implementation Plan. [Mr. Hill is currently chair of the Ontario Chapter of NAFA Fleet Management Association, and a Green Party candidate for Canada’s Parliament in the next general election.

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

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EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. They estimated the number of new vehicles required and the adoption of new technologies and fuels based on their availability and cost effectiveness under projected scenario variables such as fuel price.

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MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

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The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewable oils; and alcohols. million bpd. For CTL, life-cycle GHG emissions would roughly double.

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