article thumbnail

$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

Green Car Congress

So the estimates should be taken only as a reference case rather than a serious attempt at predicting crude prices in 25 years. The reasons for this are multiple: slowing economic growth, declining population rates, and crucially, efficiency and climate change efforts to slow consumption. Article Source: [link].

article thumbnail

EPA proposes rule for nationwide 30% cut in GHG from existing power plants by 2030 relative to 2005

Green Car Congress

Vermont and Washington, DC are not included in this rule because they do not have fossil fuel-fired power plants. EPA is proposing a BSER goal approach referred to as Option 1 and taking comment on a second approach (Option 2). It includes a wide range of anticipated climate impacts—e.g.,

2005 210
article thumbnail

How to Prevent Blackouts by Packetizing the Power Grid

Cars That Think

And third, while wind and solar-photovoltaic systems are great for the climate and are the fastest-growing sources of electric generation, the variability of their output begets new challenges for balancing the grid. The brown line shows the uncoordinated load from 1,000 electric water heaters for reference. Mads Almassalkhi et al.,

article thumbnail

EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

change in income or taxes withheld) last year’s tax liability may not be a helpful reference for you. EV Climate Loan: Getting the Most Out of Your EV Incentives Traditional auto lenders don’t believe EVs should be financed differently than gas-powered cars, but we do. How our EV Climate Loan works: Pre-qualify in minutes.

article thumbnail

Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

Markey of Massachusetts, both Democrats, built their climate change bill last year in large measure around it. As Senators Graham, Kerry and Lieberman try to resuscitate the climate change bill by introducing a revised bill in mid-to-late April, twenty-three U.S. Western Climate Initiative (WCI). Representatives Henry A.

Gas 244