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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 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. As complex as the economics are, however, once understood, a set of relatively clear policy implications emerge. —de

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