Remove CO2 Remove Cost Of Remove Miles Remove Price
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ICCT: incremental technology can cut vehicle CO2 by half and increase fuel economy >60% through 2030 with ~5% increase in price

Green Car Congress

These fuel economy levels are achieved based on a sustained 4%–6% annual reduction of fuel use per mile with incremental technology additions that do not compromise vehicle size or utility at an incremental cost of $800–$1,300 from 2025 to 2030. Previous costs of compliance have been greatly overestimated. Source: The ICCT.

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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

The researchers used a multi-sector computable general equilibrium (CGE) model, which includes a private transportation sector with an empirically-based parameterization of the relationship between income growth and demand for vehicle miles traveled. —Sergey Paltsev.

Standards 218
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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

Green Car Congress

The ranges of the levelized cost of driving (LCD) and cost of avoided carbon are narrower for the future technology pathways, reflecting the expected economic competitiveness of these alternative vehicles and fuels. 350 g CO2 e/mi for ICEVs and ?250 transportation sector. automotive and energy industries. Click to enlarge.

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EC proposes 95 grams CO2/km target for new cars by 2020, 147 grams for light vans; super credits for cars below 35g

Green Car Congress

By way of trans-Atlantic comparison, 95 g/km is equivalent to 152 g/mile; the current US Environmental Protection Agency (EPA) greenhouse gas emissions standard (part of the joint national standard with NHSTA) calls for 250 g/mile in MY 2016. The proposed 2025 US standard would bring that down to 163 g/mile in MY 2025.

2020 268
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CMU Paper: Market-Based Mechanisms for CO2 Reduction Will Be Insufficient to Attain Mid-Century Goals

Green Car Congress

Although market-based mechanisms need to be implemented soon to establish a framework for emissions reductions, the Carnegie Mellon University (CMU) team argues, the range of prices for CO 2 currently under discussion will be too low to enable achieving the longer-term targets. For electric power. Samaras et al. Samaras et al. per gallon.

Market 186
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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

NHTSA, provided estimated incremental retail cost and performance estimates for more than 40 technologies expected to be commercially available over the next fifteen years. Each of these nine pathways produced a specific fuel economy standard and cost estimate measured at retail price equivalence. use of stop/start technology.

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Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Green Car Congress

Foremost among those findings is that a quantity-based biofuel mandate is superior to a price-based consumption subsidy. Other findings from the study include: Ethanol policy can have a substantial impact on corn prices. However, production costs of US corn-ethanol are very high.

Tax 210