article thumbnail

Study finds shifts to renewable energy can drive up energy poverty

Green Car Congress

Efforts to shift away from fossil fuels and replace oil and coal with renewable energy sources can help reduce carbon emissions but do so at the expense of increased inequality, according to a new study by researchers at Portland State University (PSU) and Vanderbilt University. —Julius McGee.

Renewable 292
article thumbnail

Subaru Crosstrek Hybrid, cheap renewables, tax credits: Today's Car News

Green Car Reports

A new report shows that building new renewable power can be cheaper than running old coal plants. Automakers join forces to lobby for extending electric-car tax credits. California regulatory documents show range estimates for the new Subaru Crosstrek Hybrid. And California preps for half a million electric cars.

article thumbnail

Senate version of “Fiscal Cliff” legislation includes 12 energy tax extenders; boost for algae

Green Car Congress

8) passed by the US Senate on New Year’s Day by a vote of 89 - 8 to avoid the across-the-board increase in taxes currently called for by the “fiscal cliff” are a number for energy tax benefits. Incentives for biodiesel and renewable diesel are extended to 31 December 2013.

Tax 274
article thumbnail

Fuel provisions in the Tax Relief bill

Green Car Congress

4853 , the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (“Middle Class Tax Relief Act of 2010”). The bill extends the Volumetric Ethanol Excise Tax Credit (VEETC) through 2011 at the current rate of $0.45/gallon Biodiesel and renewable diesel. Refined Coal.

Tax 231
article thumbnail

Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

Green Car Congress

US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. More than half the subsidies for renewables—$16.8

Renewable 338
article thumbnail

EIA: CO2 emissions from US power sector have declined 28% since 2005

Green Car Congress

The power sector has become less carbon-intensive as natural gas-fired generation displaced coal-fired and petroleum-fired generation and as the noncarbon sources of electricity generation—especially renewables such as wind and solar—have grown. In 2005, noncarbon sources accounted for 28% of the US electricity mix.

2005 414
article thumbnail

Berkeley study finds renewable portfolio standards insufficient to meet 2030 GHG emission targets; new policy required

Green Car Congress

Pie charts show the proportion of different types of energy sources generating power and flowing between load areas if there were a carbon tax of $70 per ton. Their analysis also found that current renewable portfolio standards (RPS) are insufficient to meet emission reduction targets by 2030 without new policy. Click to enlarge.

Renewable 231