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Volkswagen Group now planning 22M EVs in ten years; 70 new electric models by 2028

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Volkswagen is therefore electrifying the vehicle portfolio, with investment in this area alone amounting to more than €30 billion (US$33.8 The share of electric vehicles in the Group fleet is to rise to at least 40% by 2030. Electric vehicles will be brought into the mainstream with the ramp up of the Volkswagen ID.

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

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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. —Christopher Knittel.

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MIT and IEA reports take different views of the future of natural gas in transportation

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While compressed natural gas (CNG) will play a role, particularly for high-mileage fleets, the report suggests that the chemical conversion of gas into some form of liquid fuel may be the best pathway to significant market penetration. MIT: leaning toward conversion for light-duty vehicles.

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ARPA-E Soliciting Second Round of Proposals; $100 Million for Advanced Energy Research Projects, with Focus on CO2-to-Liquid Fuels, Plug-in Batteries and Carbon Capture

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ARPA-E’s first solicitation, announced earlier this year, was highly competitive and resulted in awarding $151 million to 37 projects aimed at transformational innovations in energy storage, biofuels, carbon capture, renewable power, building efficiency, vehicles, and other areas. Earlier post.)

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CMU study finds that HEVs and PHEVs with small battery packs offer more emissions and oil displacement benefits per dollar spent than large pack PHEVs and BEVs; policy implications

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Strategies to promote adoption of hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs) with small battery packs offer more social benefits (i.e., We find that, in the base case, plug-in vehicles (PHEVs and BEVs) may produce more damage on average than today’s HEVs. Click to enlarge.

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Study Finds Bioelectricity Better Option Than Liquid Biofuels for Transportation Output and GHG Emissions

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In the assessment, the team used The Energy and Resources Group Biofuel Analysis Meta-Model (EBAMM) to consider scenarios covering a range of feedstocks and energy conversion technologies including corn and cellulosic ethanol, and four different vehicle classes: small- and mid-size cars and small and full-size SUVs. Elliott Campbell.

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BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

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The costs of these alternative energy technologies are falling rapidly, and they are on the path to becoming cost-competitive within the next five to ten years, if not sooner. Base case economics for EVs in North America are very challenging, absent significant disruption in oil price or battery cost. Click to enlarge.

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