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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

The social cost of carbon has become the standard measure to benchmark the magnitude of the carbon taxes needed to implement optimal carbon policy. If we were able to measure this social cost accurately, standard Pigouvian logic tells us that the optimal tax should be such that the price of carbon is equal to this social cost.

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Tesla to increase Model Y price in the U.S. next month

Teslarati

Tesla has announced plans to increase the price of its Model Y in multiple regions in the coming weeks, including in the U.S. According to a note on Tesla’s website , the price of all three Model Y configurations will increase by $1,000 in the U.S. also offer additional local tax credits on electric vehicles (EVs).

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Volkswagen ID.4 with SK ON battery components eligible for full $7,500 tax credit in 2024

Teslarati

4 units with SK On battery components qualify for the Inflation Reduction Act’s (IRA) full $7,500 federal tax credit for electric vehicles. 4 units with batteries from SK On qualify for federal tax credits. 4 EV may choose to apply the tax credit as a down payment for the vehicle. The 2023 ID.4 Volkswagen sells the 2023 ID.4

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Mustang Mach-E prices, Kia EV9, expensive EV leases, CARB and EV tax credit shape the future: The Week in Reverse

Green Car Reports

What controversial option on Tesla vehicles was given a price increase this week? Which EV maker announced this week that its tech will be used in watercraft? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending August 26, 2022.

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Chevy Blazer EV goes on sale again with lower price tag

Teslarati

Chevy announced on Friday that it’s now resuming Blazer EV sales, re-launching the vehicle’s three configurations with lower price tags starting at $50,195. The updated pricing marks a drop of 9 percent or more, down from the previous starting price of $56,175. GM also plans to utilize the division on all of its future vehicles.

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Study finds running a hydrogen plane could be cheaper than traditional aircraft by 2035; requires correct policies and incentives

Green Car Congress

An economic study by research group Steer, and commissioned by T&E, looked at future operating costs of hydrogen planes on intra-European flights and found that they could be an efficient, cost competitive technology to decarbonize the sector, provided kerosene is taxed adequately. (If GJ—approximately €0.37/L.)

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Next 10-UC Berkeley study suggests additional tax revenue or income-based rate structure to make electricity more affordable for Californians

Green Car Congress

These high prices result from uncommonly large fixed costs that are bundled into kilowatt-hour prices and passed on to customers. Key findings from the report include: California IOUs’ prices for electricity are out of line with the rest of the country. The report examines a variety of implementation options for this model.