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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

Green Car Congress

Consumption of gasoline in China grew from 0.9 Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. China vehicle sales and gasoline consumption. For electric vehicles, subsidies from the central government are often matched by local subsidies.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Other than the good news on oil consumption, very little was said in regards to transportation fuels. by Bill Cooke.

Financing 150
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BCG study finds conventional automotive technologies have high CO2 reduction potential at lower cost; stiff competition for electric cars

Green Car Congress

As a result, BCG concludes, the electric car faces stiff competition from ICEs (internal combustion engines) and, based solely on total cost of ownership (TCO) economics, will not be the preferred option for most consumers. BCG expects pack costs for OEMs will fall to ~$360-440 per kWh by 2020. Source: BCG. Click to enlarge. Source: BCG.

CO2 246
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Plug In America - Links and Resources

Tony Karrer Delicious EVdriven

Real Life EV Stories A Case for Electricity Plug In America Positions Energy Policy Frequently Asked Questions About Plug-in Buses Who Killed the Electric Car? Prop 87 Missed Opportunity RAVs to Keep Rolling in LA Holiday EVangelism ZEVTech Saving RAVs Holiday EVangelism Who Killed the Electric Car? Where Can I Buy One?

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Alternative technologies, such as hybrid and electric vehicles that use oil more efficiently or not at all, continue to advance but they take time to penetrate markets. Subsidies that encourage wasteful consumption of fossil fuels jumped to over $400 billion. The passenger vehicle fleet doubles to almost 1.7 billion in 2035.

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