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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Compounding this are worries that Chinese producers with excess supply will ramp up exports, depressing prices globally.

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

Green Car Congress

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. Preliminary registrations statistics for the month of March suggest a year-over-year decline in new Class 4-8 truck registrations of approximately 30%.

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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.

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

Green Car Congress

But, the report identifies clear opportunities, especially in light of infrastructure-related stimulus investment, to get this right. Only two of these are directly related to fuel content and transportation technologies: Pricing carbon. Funding transportation infrastructure and pricing its use. Shifting to lower-carbon fuels.

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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.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. Additionally, consumers are likely to opt for more economical choices when possible, avoiding premium consumer goods.

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