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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). —Karplus et al. Paltsev, M. Babiker, J.M. 2012.09.001.

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Baker Institute report: China has positioned itself as a gatekeeper to the energy transition; nickel case study

Green Car Congress

The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance. Nickel is no exception.

China 416
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CEPS task force report identifies tightening emissions standards as key policy to hit EU 60% reduction in transport GHG; full life-cycle emissions optimal metric

Green Car Congress

The report from a task force assembled by the CEPS (Centre for European Policy Studies), a Brussels-based think tank, on European transport policy has concluded that the EU’s goal of a 60% greenhouse gas (GHG) emissions reduction in the transport sector in 2050 compared to 1990 levels is possible, but at a cost.

Emissions 210
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UK Government Pre-Budget Report Offers Tax Exemptions for EVs, £30M in Additional Support for Low-Carbon Vehicles; Annual Fuel Tax Increases and End of Duty Differential for Biofuels

Green Car Congress

In spring the Chancellor presents the annual Budget statement, which includes a detailed assessment of the state of the economy and the nation’s finances. In his statement, the Chancellor may announce changes to taxes and new spending measures. This year’s PBR follows the first contraction in the global economy for 60 years.

Tax 186
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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

President Obama’s plan, which sidesteps the need for Congressional involvement by relying on a wide variety of executive actions, has three main components: Reducing greenhouse gas emissions in the US. Leading international efforts for GHG emission reductions and adaptation. Reducing greenhouse gas emissions in the US.

Obama 249
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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

A newly released analysis produced by Beacon Economics for the nonprofit, nonpartisan think-tank Next 10 has found that California’s zero-emission vehicle (ZEV) market is on track to meet or exceed a target of 1.5 And zero-emission vehicles are following this pattern. million ZEVs on California’s roads by 2025. Earlier post.)

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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

Conventional automotive technologies have significant emission-reduction potential, according to a draft of the Boston Consulting Group’s (BCG) latest report on automotive propulsion, Powering Autos to 2020. BCG finds that ICE technologies can reduce CO 2 emissions up to 40% at a cost as low as $50 per percentage of reduction.

CO2 246