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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas.

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KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

Green Car Congress

Executives also cited solar (31%), wind (25%), advanced, cleaner coal technologies (17%), biodiesel (10%), and chemically stored electricity (batteries and fuel cells) (8%) as alternative energy sources that would see increased R&D investment. 69% anticipate operating costs will go up over the next 12 months as well.

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Ontological Shock An Open Letter to Fred Krupp Report from GridEcon Conference SGS Climate Change Head on the First Carbon Credit. Renewables That Even Coal-Based Utilities Can Love. Several early models of passenger vehicles have enough energy stored in advanced batteries to power several homes for hours. SZ (1) 6753.T

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