article thumbnail

EVs dominate list of efficient cars in ORNL 2022 Fuel Economy Guide

Green Car Congress

The 2022 Fuel Economy Guide, released by ORNL for the DOE/EPA fueleconomy.gov website, provides up-to-date information on fuel economy, environmental and safety data, so consumers can choose the most fuel-efficient vehicle that meets their needs. Credit: Andrew Sproles/ORNL, U.S.

article thumbnail

President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

Green Car Congress

President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

Congress 259
article thumbnail

Study finds running a hydrogen plane could be cheaper than traditional aircraft by 2035; requires correct policies and incentives

Green Car Congress

An economic study by research group Steer, and commissioned by T&E, looked at future operating costs of hydrogen planes on intra-European flights and found that they could be an efficient, cost competitive technology to decarbonize the sector, provided kerosene is taxed adequately. (If GJ—approximately €0.37/L.)

Hydrogen 415
article thumbnail

Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

Lithium carbonate prices in China rose slightly to 480,500 yuan/tonne in mid-August, remaining close to the record-high of 500,000 from March and 400% higher year-on-year as soaring demand drove expectations of extended supply deficits. Lithium is expected to trade at 484,185.00 by the end of this quarter. Earlier post.).

Carbon 483
article thumbnail

2024 Hyundai Santa Fe Pricing Revealed

The Truth About Cars

Photo credit: Hyundai Hyundai announces the price range for the 2024 Santa Fe lineup, beginning at an entry-level price of $33,950. MSRP excludes freight charges, tax, title, and license fees. Freight charges and actual dealer prices may vary. Turbo engine for improved fuel economy. Turbo 4-cyl.

Hyundai 95
article thumbnail

U Chicago study proposes market-based approach to fuel economy standards to deal with impacts of fuel price volatility

Green Car Congress

Volatile gasoline prices have caused some regulators and carmakers alike to question the cost and effectiveness of current fuel economy standards, with some arguing they are too stringent and others saying they should be even stronger.

article thumbnail

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

Green Car Congress

The researchers argue for a global economy-wide greenhouse gas tax that spreads the burden of responsibility. Even in this best-case scenario, reducing emissions comes with a steep price tag. These losses come from higher energy prices, which influence consumption and export dynamics.