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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

The US Energy Information Administration (EIA) forecasts an increase in demand for petroleum products during the 2021 summer driving season as the impacts of COVID-19 diminish in the United States. EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel.

2019 186
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RFF papers explore differing outcomes of higher gasoline taxes on public transit and rural areas

Green Car Congress

negative welfare impacts of higher gasoline prices, note Resources for the Future (RFF) post-doc researcher Elisheba Spiller and her colleagues in a pair of discussion papers exploring two different outcomes of higher gasoline taxes. more responsive to changes in gasoline prices by reducing their yearly miles traveled in a private.

Gasoline 257
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% March appears to have been solid, on preliminary data, and April may even reach prior-year volumes thanks to strong government stimulus, but we do not see all of the lost volume being made up. decline in global real GDP in 2020.

2020 191
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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

On December 16, 2010 the US DOE Energy Information Agency (EIA) published a report projecting that renewable energy will still only constitute 12 percent of the USA’s energy sources by 2035. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon.

Renewable 220
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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

Green Car Congress

The findings of this report will inform G20 work on energy and climate in the context of the 2017 German G20 presidency. IRENA’s macroeconomic analysis suggests that such investment creates a stimulus that, together with other pro-growth policies, will: boost global GDP by 0.8%

Renewable 199
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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

Green Car Congress

The US Energy Information Administration (EIA) estimates in the April 2010 release of its Short-Term Energy and Summer Fuels Outlook that CO 2 emissions from fossil fuels, which declined by 6.6% EIA forecasts that regular-grade motor gasoline retail prices will average $2.92 per-gallon decline in gasoline prices from the previous year.

2008 186
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When Will EVs Hit Primetime?

Revenge of the Electric Car

billion invested in 180 green-technology companies. Yet in the United States and China, automakers’ caution, weak price. billion invested in 180 green-technology companies worldwide in the first quarter of 2010, according to a study by the Cleantech Group and Deloitte. Chinese green-car subsidies on hold.

China 133