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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

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Switching from the automotive standards to the trading scheme could save as much as €63 billion, says the study’s lead author Sergey Paltsev, deputy director at MIT’s Joint Program on the Science and Policy of Global Change and senior research scientist at the MIT Energy Initiative.

Standards 218
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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

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measures such as standards, taxation or infrastructure development—consistent with the long-term objective. Key messages and findings for the report include: The key policy for reducing GHG emissions in road transport is the steady tightening of emissions standards in line with the technological frontier.

Emissions 210
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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

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By working out that the price of oil will fall when the EU’s regulations fully take effect, the study suggests that the European economic benefits of fuel efficiency have been underestimated, in general by up to 17%, according to T&E. The impact of lower oil consumption in Europe on world oil prices (Enerdata 2009).

Oil 150
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BMW-Sixt car-sharing JV DriveNow launches in London; 30 i3s coming in 2015

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DriveNow is already an international success, with more than 360,000 regular customers in Europe and America and we are delighted now to launch it in London, Europe’s largest city. Our aim is to expand it into about 15 more cities in Europe and about 10 in North America in the future.

London 210
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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

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Advanced combustion technologies alone could reduce CO 2 tailpipe emissions by 40% from current average levels for new-vehicle fleets of 250 to 270 grams per kilometer (g/km) in the United States, 150 to 170 g/km in Europe, 130 to 140 g/km in Japan, and 200 to 215g/km in China, according to the analysis. However, China is a major wildcard.

CO2 246
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IEA technology and policy reports outline paths to halving fuel used for combustion-engined road transport in less than 40 years

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New propulsion systems requiring new fuels, such as plug-in electric vehicle systems and fuel cell systems, are beyond the scope of this technology roadmap and are treated in separate roadmaps. Fuel economy standards are in place in most OECD member countries and China, and are helping to make important progress in these countries.

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California ARB mods to ZEV regulations for IVMs would result in ~1.9% drop in total ZEV/TZEV units 2018-2025; no impact on air quality requirements

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The ZEV regulations, which are now part of California’s comprehensive Advanced Clean Cars (ACC) program which also includes the LEV III tailpipe emissions standard, is the “technology-forcing piece” of the state’s regulatory package for light-duty vehicles. noted above. Section 177 pooling (the ZEV states).

2018 257