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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. It measures the social cost in US dollars of adding a ton of CO 2 to the atmosphere. Cruz & Rossi-Hansberg.

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New bipartisan bill in US Congress to expand EV and hydrogen fuel cell tax credits

Green Car Congress

US Senators Debbie Stabenow (D-MI), Lamar Alexander (R-TN), Gary Peters (D-MI), and Susan Collins (R-ME) along with Congressman Dan Kildee (MI-05) introduced the Driving America Forward Act, bipartisan legislation to expand the electric vehicle and hydrogen fuel cell tax credits. ITC Holdings Corp., ITC Holdings Corp.,

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NTSB Chair questions safety impact of heavy EVs

Green Car Congress

We do have a climate crisis that needs to be addressed. The researchers suggested that taxing heavy cars could be part of a solution, along with driving less, and other technology-based weight reductions efforts. Ultimately, to manage climate change, the world needs to stop emitting greenhouse gases from vehicles and power plants.

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Biofuel and Ag organizations call for accountable life cycle analysis for SAF tax credits, DOE to lead

Green Car Congress

In an effort to decarbonize transportation and reduce aviation emissions, Congress is considering new legislation to establish a tax credit to promote and develop robust domestic SAF production. Many others are looking to work toward participation in the full value chain in the relatively near future.

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Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

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We’re proposing solutions that would recover system costs through sales or income taxes, or an income-based fixed charge, which would pay for long-term capital costs while ensuring all those who use the system—and specifically, wealthier households—contribute equitably. —En Banc White Paper.

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MIT Task Force on the Work of the Future suggests widespread autonomous driving at least a decade away

Green Car Congress

The MIT Task Force on the Work of the Future has released a new research brief examining the future of autonomous vehicles. The crucial role of public transit for connecting workers to workplaces will endure: the future of work depends in large part on how people get to work. The automated vehicle transition will not be jobless.

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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.