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MIT study finds Uber & Lyft increase congestion, decrease transit ridership and don’t affect vehicle ownership

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Researchers at MIT report that the entrance of transportation network companies (TNCs)—specifically Uber and Lyft, which together have a 98% share of the market—in cities led to increased road congestion in terms of both intensity (by 0.9%) and duration (by 4.5%); an 8.9% —Diao et al.

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DOE awards Core Power and MIT Energy Initiative funding for floating nuclear power research project

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The US Department of Energy’s Nuclear Energy University Program ( NEUP ) has awarded research funds to the MIT Energy Initiative, CORE POWER, and the Idaho National Laboratory for a three-year study into the development of offshore floating nuclear power generation in the US. Source: MIT CANES. Concept of OFNP.

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MIT study finds fuel economy standards are 6-14 times less cost effective than fuel tax for reducing gasoline use

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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). —Karplus et al.

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MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

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A new report from the MIT Joint Program on the Science and Policy of Global Change shows the importance of all major nations taking part in global efforts to reduce emissions—and in particular, finds China’s role to be crucial. The researchers argue for a global economy-wide greenhouse gas tax that spreads the burden of responsibility.

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Energy researchers: clean US hydrogen economy is within reach, but needs a game plan

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However, they note, a clean US hydrogen economy will require a comprehensive strategy and a 10-year plan. John Deutch, an emeritus Institute Professor at MIT. The Hydrogen Earthshot is necessary to create a hydrogen economy, but it is not sufficient. A clean H 2 economy does not exist today. —Arun Majumdar.

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Liquid Metal Battery Corp secures patent rights from MIT

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Liquid Metal Battery Corporation (LMBC), a Cambridge, Massachusetts company founded in 2010 to develop new forms of electric storage batteries that work in large, grid-scale applications, has secured the rights to key patent technology from MIT. Patents for all liquid metal battery inventions were licensed from MIT.

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XL Hybrids to display retrofitted hybrid Chevrolet 2500 Cargo Van at MIT Energy Conference

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a company that has developed a low-cost hybrid electric powertrain designed specifically for class 1-3 commercial fleet use ( earlier post ), will display a Chevrolet Express 2500 cargo van fitted with the company’s hybrid technology at the 2012 Massachusetts Institute of Technology (MIT) Energy Conference Energy Showcase on 16 March.

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