article thumbnail

Opinion: Politicians Are Lying About Biden's EPA Rule

The Truth About Cars

or no cars at all, but at the end of the day that’s not their decision,” said Elizabeth Murrill, the attorney general of Louisiana, a major oil and gas producing state that has been involved in a series of lawsuits challenging the Biden E.P.A. Perhaps the cost of compliance will drive the cost of cars up.

EPA 104
article thumbnail

ARPA-E to award of to $30M for methane monitoring and $30M for localized thermal management in buildings

Green Car Congress

The Methane Observation Networks with Innovative Technology to Obtain Reductions (MONITOR) program will help the oil and gas sector reduce methane emissions. The program implementation focus is on “oil and gas systems” from the wellhead to the end-user. of the global warming impact from domestic human activity. Earlier post.).

Building 218
article thumbnail

Roland Berger: demand for purpose-built vehicles for ride-sharing, many electric, to reach 2.5M cars by 2025

Green Car Congress

An attractive market segment for automotive OEMs is opening up here, given that the reduced complexity of these vehicles will allow them to be manufactured for about half the cost of a conventional car. Further, with electric models in their portfolio, automakers will be better able to meet applicable CO 2 targets.

Vehicles 199
article thumbnail

ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

ExxonMobil expects that by 2030, China will have surpassed the United States as the country with the largest number of personal vehicles, even though China’s vehicles per capita will be about one-third the level of the United States at that time. China will see the largest increase—more than 4 million oil-equivalent barrels per day.

Oil-Sands 309
article thumbnail

Navigant forecasts global medium- and heavy-duty alt powertrain sales to exceed 820K units in 2026

Green Car Congress

Whereas fuel cost used to be a major driver for fleet managers, the lowering of oil prices and the availability of low-cost natural gas has reduced this concern, Navigant notes. A major factor has always been the cost of battery packs.

Global 150
article thumbnail

ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

The outlook is developed by examining energy supply and demand trends in 100 countries, 15 demand sectors covering all manner of personal and business needs and 20 different energy types. Across OECD nations, the Outlook assumes the implied cost of policies to reduce greenhouse gas emissions will reach about $80 per tonne in 2040.

Energy 252
article thumbnail

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

Green Car Congress

Air travel grows 77% from 990 billion revenue passenger miles to 1,753 billion revenue passenger miles between 2018 and 2050 in the Reference case because of increased demand for global connectivity and rising personal incomes. The United States will continue to see record high levels of oil and natural gas production. Other findings.