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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).

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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

BCG comparison of the CO 2 reduction potential and cost of different technologies. In addition, the cost to the consumer would be about $50 to $60 per percent CO 2 reduction—roughly half the cost of what was expected three years ago. BCG expects pack costs for OEMs will fall to ~$360-440 per kWh by 2020.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

This solicitation is designed to support investments in innovative technologies that can cost-effectively meet financial and policy goals, including the avoidance, reduction, or sequestration of anthropogenic emissions of greenhouse gases. Since 1990, methane emissions in the United States have decreased by 8%.

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Analysis concludes that current transportation policy in most US states will likely worsen GHG emission trends in US

Green Car Congress

Most states do not make any effort at all to connect. In sum, current transportation policy in most states will likely worsen GHG emission trends in the United States. transportation, and ensure state fuel taxes can support all transportation modes.

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Proposed US Transportation Reauthorization Plan Links Greenhouse Gas Reductions to Transportation Planning

Green Car Congress

In addition to this $450 billion investment, the Act provides $50 billion over six years to develop 11 authorized high-speed rail corridors linking major metropolitan regions in the United States. Establishing a new program to finance planning, design, and construction of high-speed rail. Highway account balance. Source: DOT.

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Sen. Baucus draft for energy tax reform focuses on clean production of electricity and fuels; repeals plug-in vehicle credits

Green Car Congress

Senate Finance Committee Chairman Max Baucus (D-Mont.) introduced the latest in a series of discussion drafts to overhaul the US tax code. This new staff discussion draft focuses energy tax policy on stimulating domestic, clean production of electricity and transportation fuels, which account for 68% of energy consumed in the US.

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