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Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

Green Car Congress

program is paying nearly 10 times the projected price of carbon credits per ton in the best-case scenario, according to an analysis of the implied cost of carbon dioxide reductions under the program by UC Davis transportation economist Christopher Knittel. do not discuss the merits of the program in terms of stimulus. However, the.

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

Green Car Congress

This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. grants to offset the price premium.

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

Closer to home, the federal fuel economy standards require the average fleet fuel economy of OEMs that sell vehicles in the USA to be 35.5 Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon. mpg by 2016. Power plant capital costs.

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CEC report sets out North American plan for change and investment to achieve sustainable freight transportation

Green Car Congress

Reducing the environmental impact of freight transportation in the face of increasing trade and economic growth in North America requires much more than continued progress on fuel economy and transport technology. Only two of these are directly related to fuel content and transportation technologies: Pricing carbon.

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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. Or No Cars?

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

moves to tighten fuel-economy and greenhouse gasrules. So far, President Barack Obama has announced no new federaleffort to promote the fuel, and federal funding for hydrogen fortransportation use in the 2009 budget dropped to $177.7 customers $600 a month to lease.Honda hasn’t revealed its production price.

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

His analysis found that the programme is paying nearly 10 times the projected price of carbon credits per ton in the best-case scenario. According to Knittel the results suggest that the programme is an expensive way to reduce carbon, although he does state that it is possible the stimulus benefits outweigh added environmental costs.