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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

The key to obtaining significant reductions in transportation-related GHG emissions is to increase the cost of driving. The economy-wide CO 2 prices applied increase the cost of driving only marginally with respect to the business-as-usual case. —Morrow et al. Adoption of all of the preceding policies.

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Study finds carbon capture & storage could be financial opportunity for conventional ethanol plants

Green Car Congress

Looking only at the cost of capturing the CO 2 —not including building pipelines or sequestering the captured CO 2 —the team found that 60% of current CO 2 emissions (i.e., 27 Mt per year) could be captured for less than $25 per metric ton. —LLNL scientist Sean McCoy, co-author.

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UC Davis ITS study suggests hastening consumer adoption of plug-ins will require innovation on the sales side

Green Car Congress

Among their initial findings: PEV buyers universally report lower satisfaction with the dealer purchase experience than buyers of conventional vehicles. From a salesperson’s perspective, this additional time represents a cost of doing business that detracts from time spent closing another potentially more lucrative transaction.

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UMTRI Agent-Based Simulation Study Concludes US PHEV Annual Sales Could Reach 4-5% With Fleet Penetration of 2+% by 2020 If Subsidies Are in Place

Green Car Congress

The first character of the scenario represents the price of gasoline at simulation termination, the second represents “yes” or “no” on a manufacturer subsidy, and the third represents “yes” or “no”on a sales tax exemption. Source: Sullivan et al. Click to enlarge. Fleet penetration would be less than 1% in ten years, the study finds.

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Report finds says “negative emissions technologies” need to play a large role in mitigating climate change

Green Car Congress

Petrie Professor in Ecology and Evolutionary Biology at Princeton University and chair of the committee. The cost of the carbon removal is low or zero, because investments in many coastal blue carbon projects target other benefits such as coastal adaptation. —Stephen Pacala, the Frederick D.

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Hertz’s EV sale to fan cost concerns, dampen used-car market – ET Auto

Baua Electric

Hertz could, however, benefit from the USD 4,000 tax credit for some used EVs under the Inflation Reduction Act, which brings down the price of some vehicles it is trying to sell well below many gas-powered cars. The value of used EVs has dropped 33.7%

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CMU study finds that HEVs and PHEVs with small battery packs offer more emissions and oil displacement benefits per dollar spent than large pack PHEVs and BEVs; policy implications

Green Car Congress

air emissions and oil displacement benefits) in the near term per dollar spent than PHEVs and battery-electric vehicles (BEVs) with large battery packs providing longer electric range, according to a new study by Carnegie Mellon University’s Jeremy J. Michalek and colleagues. —Michalek et al. —Michalek et al.

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