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Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. Source: “Will Covid Drive An Early Peak In Transportation Activity And Oil Demand?”. Lines represent global oil demand by study scenario.

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Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

Green Car Congress

program is paying nearly 10 times the projected price of carbon credits per ton in the best-case scenario, according to an analysis of the implied cost of carbon dioxide reductions under the program by UC Davis transportation economist Christopher Knittel. do not discuss the merits of the program in terms of stimulus.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Dr. Don Paul is the Executive Director, University of Southern California Energy Institute and a former vice president and chief technology officer of Chevron. Other than the good news on oil consumption, very little was said in regards to transportation fuels. Grant Davis is a Managing Director at New York Life Investments.

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Coming Soon – The Electric City

Revenge of the Electric Car

Robert Hayden, the clean transportation adviser for San Francisco, said the city hopes to have 60 charging stations installed in public garages by year’s end, with a thousand more available across the Bay Area in 2011.