Remove Cost Of Remove Tax Remove Wind
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Senate version of “Fiscal Cliff” legislation includes 12 energy tax extenders; boost for algae

Green Car Congress

8) passed by the US Senate on New Year’s Day by a vote of 89 - 8 to avoid the across-the-board increase in taxes currently called for by the “fiscal cliff” are a number for energy tax benefits. Alternative fuels excise tax credits are extended to 31 December. Credit for 2- or 3-wheeled plug-in electric vehicles.

Tax 274
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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

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Comparative levelized cost of electricity in 2025 ($/MWh) at different CO 2 prices. Representative costs are reported in constant December 2010 US dollars. LCOE calculations are based on assumptions regarding future unit operations, operating costs, fuel prices, financing terms, and inflation. Source: EPRI. Click to enlarge.

EPRI 239
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National Academies Report Examines Hidden Cost of Energy Production and Use in US; Estimates $120B in 2005

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Source: “Hidden Costs of Energy”. When such market failures occur, a case can be made for government interventions—such as regulations, taxes or tradable permits—to address these external costs, the report says. Source: “Hidden Costs of Energy”. Damages are expressed in cents per VMT (2007 USD). Click to enlarge.

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

Green Car Congress

This would help speed up the return on investment in VGV for the development costs of the energy transition. The allocation of emissions allowances and the carbon tax, once it is in place. A carbon tax levied directly on fossil fuels could be calculated on the BTU equivalent of the oil needed to produce a tonne of CO 2.

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Berkeley study finds renewable portfolio standards insufficient to meet 2030 GHG emission targets; new policy required

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Pie charts show the proportion of different types of energy sources generating power and flowing between load areas if there were a carbon tax of $70 per ton. That is a modest cost considering that the future of the planet is at stake. One possible scenario for the electricity system in the Western US in 2026-29. Click to enlarge.

Renewable 231
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UK study finds Bio-SNG could offer 90% reduction in lifecycle CO2; lower cost of carbon abatement than electrical solutions for transport applications

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Cost of carbon abated for transport applications. Implementation of Bio-SNG will only take place with the appropriate tax, incentive and legislative environment. Cost of carbon abated. Strategically the UK needs to consider the most cost effective approach for decarbonizing, the report notes. Click to enlarge.

Carbon 210
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Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel

Green Car Congress

Three different carbon tax scenarios are analyzed: no carbon tax, $55/metric ton carbon tax and $110/metric ton carbon tax. The impact of the chosen carbon tax is found to be limited relative to the impact of the H2 source on the H 2 Bioil break-even price. We’re in the ballpark.