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EPIC: state-level renewable electricity mandates increase electricity prices up to 17% over 12 years; cost more expensive than benefit

Green Car Congress

In contrast, the global experiences from carbon markets and taxes make clear that much less expensive ways to reduce CO 2 are available right now. However, these reduced emissions came at a high cost. The Obama Administration’s central estimate of the SCC would be approximately $50 per ton in today’s dollars. —Michael Greenstone.

Renewable 207
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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. We need both a policy like a carbon tax and to put more R&D money into renewables.

Chicago 150
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Induction ovens with big batteries solve lots of problems

Baua Electric

But a new breed of these stoves includes huge batteries, which opens up new opportunities by only requiring a 120V outlet, offering 40-sec water boiling, backup power to other appliances like the refrigerator, and even IRA tax rebates. Inverter: grid-tied, up to 2.2 But there are some other uses. Battery: 3 kWh Lithium Iron Phosphate.

Battery 52
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Report on electric vehicle adoption in india

Baua Electric

Factors contribute to 2Wheeler Growth Affordability and Cost of Ownership: Electric two-wheelers are often more affordable than electric cars, making them an attractive option for a wide range of consumers. Additionally, the lower operating and maintenance costs of electric two-wheelers contribute to their appeal.

India 98
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Georgia Tech study finds MD electric urban delivery trucks have cost advantages over diesel in some conditions; relative benefits depend on numerous factors

Green Car Congress

Researchers at Georgia Tech have compared medium-duty (MD) electric and diesel urban delivery trucks in terms of life-cycle energy consumption, greenhouse gas (GHG) emissions, and total cost of ownership (TCO). One surprise among their findings was that the electric truck had cost advantages over the diesel vehicle under some conditions.

Georgia 268
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Top Factors Affecting EV Adoption

EV Connect

Cost (and Cost Comparison) A recent study showed 67% of would-be purchasers claim cost is a primary concern. However, market competition, falling battery prices and government incentives are pushing the cost of EVs to parity with gasoline.

Charging 109
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Why EVs Aren't a Climate Change Panacea

Cars That Think

However, achieving either goal would likely require governments offering hundreds of billions of dollars, if not trillions, in EV subsidies to ICE owners over the next decade, not to mention significant investments in EV charging infrastructure and the electrical grid. The San Diego backlash over a mileage tax may be just the beginning.