Remove Cost Of Remove Economy Remove Fuel Tax Remove Universal
article thumbnail

GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

Green Car Congress

Lew Fulton, Co-Director, NextSTEPS Program at the Institute of Transportation Studies, University of California at Davis. Meanwhile, significant gains in vehicle fuel economy over the coming decades are possible and very much needed globally in order to address pressing issues of climate change, energy security and sustainable mobility.

article thumbnail

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

Green Car Congress

The goal of this paper is to assess the resulting CO 2 emissions, energy, and economic impacts of the EU CO 2 mandates, and compare them to an alternative scenario where vehicle emissions are part of an emission trading system designed to meet Europe’s announced economy-wide targets. —Paltsev et al.

Standards 218
article thumbnail

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

Economy-wide CO 2 prices of $30-60/t CO 2 are too weak on their own to motivate significant reductions in CO 2 emissions from transportation. The key to obtaining significant reductions in transportation-related GHG emissions is to increase the cost of driving. —Morrow et al.

article thumbnail

UC report to CalEPA outlines policy options to decarbonize California transportation by 2045

Green Car Congress

A team of transportation and policy experts from the University of California released a report to the California Environmental Protection Agency (CalEPA) outlining policy options to significantly reduce transportation-related fossil fuel demand and emissions. Transportation pricing: Gasoline taxes. Active transportation.