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

Green Car Congress

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. It measures the social cost in US dollars of adding a ton of CO 2 to the atmosphere.

Tax 397
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Danger signs! Latest research shows top ICE brands including Toyota, Ford and Nissan struggling to hit new Aussie CO2 limits

EV Central

New research has shown how much trouble some top brands including Ford, Nissan, GWM and even Toyota could find themselves because of Australias new CO2 emissions reduction scheme if they dont transition to electric vehicles quickly enough. billion in 2029. billion in 2029. READ MORE: Which is best for the environment: EV or ICE?

CO2 81
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UK study finds Bio-SNG could offer 90% reduction in lifecycle CO2; lower cost of carbon abatement than electrical solutions for transport applications

Green Car Congress

Cost of carbon abated for transport applications. Implementation of Bio-SNG will only take place with the appropriate tax, incentive and legislative environment. Cost of carbon abated. Strategically the UK needs to consider the most cost effective approach for decarbonizing, the report notes. Click to enlarge.

Carbon 210
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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

Green Car Congress

They found that vehicle emission standards reduce CO 2 emissions from transportation by about 50 MtCO 2 and lower the oil expenditures by about €6 billion, but at a net added cost of €12 billion in 2020. Emissions trading or a carbon tax is going to achieve their emissions goals at the lowest possible cost to society.

Standards 218
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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

BCG comparison of the CO 2 reduction potential and cost of different technologies. In addition, the cost to the consumer would be about $50 to $60 per percent CO 2 reduction—roughly half the cost of what was expected three years ago. Source: BCG. Click to enlarge. Source: BCG. Click to enlarge.

CO2 246
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EEA says industrial air pollution cost Europe up to €169 billion in 2009; some 37% attributed to CO2

Green Car Congress

Air pollution from the 10,000 largest polluting facilities in Europe cost citizens between €102–169 billion (US$135–224 billion) in 2009, according to a new report from the European Environment Agency (EEA) which analyzed the costs of harm to health and the environment caused by air pollution. Log scale) Source: EEA.

Pollution 268
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Licht Group reports high-yield, low-energy synthesis of carbon nano-onions from CO2

Green Car Congress

The researchers estimate the upper-bound cost of the new chemistry of CNO production by molten carbonate electrolysis—excluding anode costs to be determined—to be $1,000 per ton. The source of CO 2 to produce CNOs can be industrial flue gas, or direct air carbon capture.

Carbon 255