GFEI report suggests $2T savings from fuel economy improvements in ICE vehicles through 2025 can help fund long-term transition to plug-ins

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Fuel economy improvements from conventional internal combustion engine cars can save an estimated $2 trillion in fuel costs through 2025—and more in years after— according to a new working paper published by the Global Fuel Economy Initiative (GFEI) prepared by Dr. Lew Fulton, Co-Director, NextSTEPS Program at the Institute of Transportation Studies, University of California at Davis. per liter ($0.26/gallon US), according to the paper. this could be the answer.

ITF study finds limited environmental and safety impacts of car fleet renewal schemes in US, France and Germany

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Cost-effectiveness of the fleet renewal schemes analysed from the perspective of CO 2 and. Car fleet renewal schemes introduced in the US, France and Germany to stimulate consumer spending on cars in the wake of the 2008. The US scheme saw. The German.

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GFEI report finds improvements in average new LDV fuel economy lagging pace required to cut 50% fuel use for new cars worldwide by 2030; policy focus should be on emerging markets

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Vehicle size, a key determinant of fuel economy, has shown a reduction in OECD countries, while the non-OECD trend is toward bigger vehicles. Of particular concern for the GFEI is a lack of progress among non-OECD countries. per year from 2005 when the average was 8.0

UNEP, IEA, ITF and FIA Foundation to Launch Global Fuel Economy Initiative (GFEI)

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A partnership of the UN Environment Programme (UNEP), the International Energy Agency (IEA), the International Transport Forum (ITF) and FIA Foundation is launching the Global Fuel Economy Initiative (GFEI) at the upcoming Geneva motor show. The “50 by 50” effort calls for cars worldwide to be made 50% more fuel efficient by 2050, with interim targets. The global vehicle parc is predicted to triple by 2050.

Global Fuel Economy Initiative Releases Roadmap Report on Achieving 50% Fuel Economy Improvement in LDV Fleet by 2050

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The International Energy Agency (IEA) has estimated that fuel consumption and emissions of CO 2 from the world’s cars will roughly double between 2000 and 2050. Worldwide, cars currently account for close to half of the transport sector’s fuel consumption and CO 2 emissions.