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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

Transport GHG emissions in the “No New Policies” case (NNP) and the “Lowest” case (L). Achieving the Lowest Emissions case would require government spending of at least 2% of EU27 GDP. 95% in EU GHG emissions with respect to year-1990 levels by 2050. The horizontal lines indicate 60% reduction from year-1990 levels.

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Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Green Car Congress

Foremost among those findings is that a quantity-based biofuel mandate is superior to a price-based consumption subsidy. Other findings from the study include: Ethanol policy can have a substantial impact on corn prices. Other findings from the study include: Ethanol policy can have a substantial impact on corn prices.

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Fuel duty increase: Greenwash or green right?

Green Cars News

Many a motorist will grumble today as they get to the pumps and notice a jump in the fuel prices, following the two pence per litre increase in fuel duty, however environmental pressure group, Friends of the Earth (FoE) think the increase is necessary to coax us out of our cars.

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