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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). —Karplus et al. Paltsev, M.

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Frost & Sullivan forecasts Gasoline Particulate Filters to climb from 50,335 units now to 4.2-4.6 million units by 2020

Green Car Congress

Gasoline direct injection (GDI) is a strategy to improve fuel efficiency that is rapidly gaining market acceptance. fuel injection timing, number of injections, fuel pressure, injector placement, etc.) and fuel properties. Frost & Sullivan estimates the cost of a GPF to be between $135–$170. Earlier post.)

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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

Green Car Congress

Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.

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EIA projects decline in transportation sector energy consumption through 2037 despite increase in VMT, followed by increase

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For the Transportation sector, EIA projects that energy consumption will decline between 2019 and 2037 (in the Reference case) because increases in fuel economy more than offset growth in vehicle miles traveled (VMT). This growth arises from increases in air transportation outpacing increases in aircraft fuel efficiency.

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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

Green Car Congress

Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers. Source: ExxonMobil.

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EPA and NHTSA Issue Notice of Intent to Develop New Greenhouse Gas and Fuel Economy Standards for Light-Duty Vehicle Model Years 2017-2025; Proposal Expected by 30 Sep 2011

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The US Department of Transportation’s (DOT) National Highway Traffic Safety Administration (NHTSA) and the US Environmental Protection Agency (EPA) issued a Notice of Intent (NOI) to begin developing new standards for greenhouse gases and fuel economy for light-duty vehicles for the 2017-2025 model years. Earlier post.). Technologies.

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A.T. Kearney study projects US auto sales volumes will trend back to historical levels by 2013; forecasts 13.2 million new units sold in 2011 and 16 million in 2013

Green Car Congress

Kearney forecasts 13.2 The study cautions, however, that the availability of financing, total cost of ownership and the unfolding events in Japan will impact vehicle sales in both markets. Behind the forecast, four key macroeconomic factors were measured. The shift between gasoline prices and demand for smaller cars.

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