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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

Green Car Congress

In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fuel tax when targeting an identical reduction in cumulative gasoline use (20% by 2050). Resources.

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

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However, California is lagging behind when it comes to ensuring its charging infrastructure keeps up with the growth of its electric vehicle fleet, the report finds. Current trends suggest that barriers to EV adoption such as price, range, selection and charging-time will continue to diminish, as costs come down and technology improves.

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

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BCG comparison of the CO 2 reduction potential and cost of different technologies. In addition, the cost to the consumer would be about $50 to $60 per percent CO 2 reduction—roughly half the cost of what was expected three years ago. Source: BCG. Click to enlarge. However, China is a major wildcard.

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Profile: Li-ion Battery and Pack Supplier Valence Technology

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When asked about battery product pricing, Donaghy replied “ Everyone wants to know price, we would agree that we need to get the cost of the energy down. Although the battery systems is not inexpensive, Donaghy says “ For a commercial fleet operator they can see the benefit because they will be operating their vehicles for 14 years or more.

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