article thumbnail

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

article thumbnail

Comprehensive modeling study finds electric drive vehicle deployment has little observed effect on US system-wide emissions

Green Car Congress

In their analysis, the authors examined the effect of 5 factors on EDV deployment: crude oil and natural gas prices; a federal CO 2 policy; a federal renewable portfolio standard (RPS); and EDV battery cost. No EDV deployment occurs with high battery costs, low oil prices, and no CO 2 policy.

Emissions 236
article thumbnail

Amyris renewable jet fuel receives regulatory approval in Brazil for blends up to 10%

Green Car Congress

Building on the revised ASTM International standard for aviation turbine fuel approved in June, Brazil’s ANP last week removed the last regulatory hurdle for the use of our renewable jet fuel in Brazil. Amyris and its partners are contributing to reductions in greenhouse gas emissions with our renewable fuel.

Brazil 199
article thumbnail

Report: California Gasoline No Longer the Most Expensive

The Truth About Cars

Washington’s fuel pricing isn’t a matter of it being isolated in the middle of the ocean. Earlier this year, the state introduced a new carbon-pricing program (part of the Climate Commitment Act, and Clean Fuel Standard) that fines businesses for any greenhouse gas they emit.

article thumbnail

EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

new appliance standards and CAFE) and changes in the way energy is used in the US economy. Further, the fossil fuel share of primary energy consumption falls from 82% in 2011 to 78% in 2040 as consumption of petroleum-based liquid fuels falls, largely because of the incorporation of new fuel efficiency standards for light-duty vehicles.

Fuel 225
article thumbnail

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Green Car Congress

the potential implications of electric vehicles for electricity consumption, management of electricity demand, greenhouse gas emissions and air pollutant emissions. Level 1 charging only requires a standard power. The analysis is based on central forecasts of oil price, electricity. Scenario 1. Scenario 2.

PHEV 210
article thumbnail

EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

Green Car Congress

Emissions per capita fall by an average of 1% per year from 2005 to 2035, as growth in demand for transportation fuels is moderated by higher energy prices and Federal fuel economy standards. World oil prices rise in the Reference case, as pressure from growth in global demand continues.

Oil 210