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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).

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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. Their share will fall to just under 40% by 2050, with aviation set to grow to match road freight at around 22% of fuel consumption and emissions each. Fuel taxes.

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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. The results are published in the journal Transportation.

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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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The GFEI, a partnership of international agencies and top energy policy experts, suggests that these cost savings could in part be used to help offset the costs of developing a global market for electric vehicles over this time frame, since the savings are estimated to be at least four times bigger than these costs. —GFEI working paper.

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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

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In coming months, the plan notes, the Department of Transportation will work with other agencies to further explore strategies for integrating alternative fuel vessels into the US flag fleet. Since 1990, methane emissions in the United States have decreased by 8%. Other efforts will include: Natural Gas.

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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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Two new reports—one on technology, the other on policy— released by the International Energy Agency (IEA) outline pathways to improve the fuel efficiency of combustion-engined road vehicles by 50% by the middle of the century, saving as much as four-fifths of current annual global oil consumption. Policy package.

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

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EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. They estimated the number of new vehicles required and the adoption of new technologies and fuels based on their availability and cost effectiveness under projected scenario variables such as fuel price.