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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

Green Car Congress

The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. Total Cost of Ownership: An analysis of 17 popular 2017 models found ZEVs can already be price competitive now, without government incentives.

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Study Finds That Implementation of a Portfolio of Transportation Strategies Will Be Required for Significant Reductions in GHG from Transportation Sector; Pricing Strategies Have the Largest Potential

Green Car Congress

per gallon fuel tax by 2050) could result in an additional reduction of 28% in GHG emissions. The Moving Cooler baseline extrapolated these projections further to 2050, resulting in a potential doubling or greater of fleet fuel efficiency. Strong economy-wide pricing measures (such as a $5.00

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MIT Energy Initiative report on transforming the US transportation system by 2050 to address climate challenges

Green Car Congress

Achieving our overall goal—reducing fleet fuel and energy consumption and GHGs by three-quarters or more—will be extremely challenging. Average on-road fuel consumptions (tank to wheels) of the different propulsion systems in an average light-duty vehicle: 2010, 2030, and 2050. —John Heywood.

MIT 150