2010, Oil Prices and Tax

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

AUGUST 31, 2011

World ethanol and biodiesel production, 1975-2010. Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. Source: Worldwatch Institute. Click to enlarge. —Sam Shrank. Sugarcane ethanol supplies 41.5%

2010

2010 Brazil Global Argentina

ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Green Car Congress

DECEMBER 22, 2013

Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., Minor changes to an existing Federal tax incentive for second-generation biofuels (i.e., In addition, the industry faces barriers from the impending “blend wall” of 10% ethanol in gasoline and uncertainty regarding policies and oil prices.

Tax

Tax Tax Credit Industrial Industry

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

JANUARY 1, 2011

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. Click to enlarge. An explosion of hybrid sales in Japan.

Transportation

Transportation Gasoline Lithium Ion Gasoline-Electric

California Gasoline Use Down 2.3%, Diesel Down 3.2% in November 2009

Green Car Congress

MARCH 2, 2010

The average price at the pump for gasoline in California during November 2009 was $3.01 Prices were extremely low in late 2008, reflecting the burst of a crude oil price bubble that developed earlier in the year. The BOE is able to monitor gallons through tax receipts paid by fuel distributors.

2009

2009 Gasoline California Diesel

Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

Green Car Congress

NOVEMBER 16, 2010

million by 2015 at a compound annual growth rate (CAGR) of 28% (2010-2015), according to the report. Pike Research further estimates that charging station sales in Asia-Pacific will reach more than 860,000 units at a CAGR of 91% (2010-2015) and revenue of more than $865 million in 2015.

Asia

Asia 2015 China Market

Petrobras says it is expanding oil and gas production in the pre-salt in “economically viable” manner

Green Car Congress

JANUARY 7, 2015

Responding to press articles saying that the collapse of the global oil price is threatening oil and gas production in the off-shore Brazil pre-salt layer, Petrobras countered that it is expanding its production capacity “in an economically viable manner.” On Tuesday, 6 January, the price for WTI crude closed at $47.93/bbl,

Oil

Oil Oil Prices Gas Production

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

FEBRUARY 15, 2012

The KPMG research finds that the external environmental costs of 11 key industry sectors jumped 50% from US$566 to US$846 billion in 8 years (2002 to 2010), averaging a doubling of these costs every 14 years. Total environmental cost 2010 vs growth in environmental cost since 2002 vs environmental intensity improvement. Source: KPMG.

Climate Change

Climate Change Water Climate Global

Study Finds Coordinated Off-peak Charging Can Support Large Scale Plug-in Use Without Additional Generation Capacity; TCO and GHG Abatement Costs for BEVs Projected to Remain High

Green Car Congress

OCTOBER 18, 2010

They assumed an oil price of US$80/bbl, close to the short-term. They used an EV drivetrain with a single 74 kW central motor (CM) that consumes 103±20 Wh/km from 2010 and one with two 29kW wheel motors (WM) that consumes 89±19 Wh/km from 2015. and cheaper engines and battery packs. projections in the World Energy Outlook 2009.

Plug-in

Plug-in Charging Gasoline-Electric Plug

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

FEBRUARY 8, 2011

Conventional hybrid electric vehicles (HEVs) have been on sale in the US for more than ten years; new vehicle hybrid sales in 2010 were approximately 2.5%. EV consumer demand —“One Million Electric Vehicles by 2015” Basis. To reach the one million vehicle goal, plug-in EVs will need to average just under 1.7% Earlier post.).

2015

2015 Plug-in Tax Credit Plug

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

Green Car Congress

JULY 12, 2011

The report comes in the context of Victoria’s 5-year Electric Vehicle Trial (EVT), launched in 2010 ( earlier post ). The analysis is based on central forecasts of oil price, electricity. However, as EV and PHEV prices gradually reach. vehicle types (ICEs, EVs, PHEVs and HEVs). This is primarily due to.

PHEV

PHEV Oil Prices Australia Price

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

APRIL 12, 2012

Because the future development of socioeconomic variables, oil price, and the carbon intensity of electricity are outside the transportation sector and uncertain, the team used a set of three scenarios for plausible ranges for their future development. 19% compared to the NNP case. 17% (plug-in hybrid electric vehicles) and 12?17%

Transportation

Transportation Europe Climate Change Emissions

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Green Car Congress

OCTOBER 4, 2011

As of 2010, biofuel production was contingent on subsidies, tax credits, the import tariff, loan guarantees, RFS2, and similar policies. Moreover, nutritional and other income assistance programs are often adjusted for changes in the general price level.

Renewable

Renewable Tax Credit Conversion Fuel

Study details viable pathway to develop sustainable aviation biofuels industry in Pacific Northwest; hydroprocessing of natural oils seen as the most immediate opportunity

Green Car Congress

MAY 25, 2011

Specific recommendations include continuing the Biorefinery Assistance Program and excise tax incentives. Airlines are particularly vulnerable to oil price volatility, and the aviation community must address this issue to maintain economic growth and further mitigate the environmental impacts of our industry.

Oil

Oil Industrial Industry Renewable

EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

DECEMBER 17, 2010

Among the transportation-related updates going into AEO2011, the EIA increased the limit for blending ethanol into gasoline for approved vehicles from 10% to 15%, as a result of the waiver granted by the US Environmental Protection Agency (EPA) in October 2010.

Gas

Gas 2011 Price Energy

Nissan’s Big Gamble

Revenge of the Electric Car

JULY 14, 2009

The best thing about the Nissan is the expected price range of $25K- $34K. This is before the $7,500 federal tax credit. will sell a plug-in Toyota Prius after 2010, taking on the Chevrolet Volt, which goes on sale in November 2010. Pricing isn’t set. Oil vs. electrons. Mitsubishi Motors Corp.

Nissan

Nissan Japan United States Gasoline-Electric

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

APRIL 30, 2009

Tokyo-based Honda plansstarting producing the vehicles in late 2010. “We Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Oil prices are going to go up. We are thinking aboutextending that application to plug-in hybrids.”

Obama

Obama Honda Plug-in Plug

Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

Green Car Congress

FEBRUARY 17, 2010

For example, adding a biofuel subsidy with a consumption mandate fails to increase ethanol consumption but instead subsidizes oil consumption. A more effective policy would rely on specific taxes and subsidies targeted directly at achieving specific environmental, energy and agricultural policy goals, according to the study.

Tax

Tax CO2 Renewable Standards

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Green Car Congress

FEBRUARY 1, 2014

The earlier 2011 Final EIS was developed contemporaneously with the start of strong growth in domestic light crude oil supply from tight oil formations, such as those formations found in North Dakota’s Bakken region. Domestic production of crude oil has increased significantly, from approximately 5.5 million bpd in 2010 to 6.5

Oil-Sands

Oil-Sands Nebraska Oil Montana

Tesla Announces IPO

Revenge of the Electric Car

FEBRUARY 3, 2010

The stock price and timing of the initial public offering are unknown. 4:38 PM PST, January 31, 2010. The IPO would be a first among electric car companies, which have shown life in recent years in response to high oil prices. Shares in the electric car maker are expected to draw strong interest from investors.

Tesla

Tesla Tesla Motors Tax Credit Re-Charge

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

The Appraisal 2010 Prius Delivers Record Mileage and Accelerates. As part of the solution framework, the Israeli government will provide tax incentives to customers, Renault will supply the electric vehicles, and Project Better Place will construct and operate an Electric Recharge Grid across the entire country. SZ (1) 6753.T

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

California Gasoline Use Down 2.3%, Diesel Down 3.2% in November 2009

Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

Petrobras says it is expanding oil and gas production in the pre-salt in “economically viable” manner

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Study Finds Coordinated Off-peak Charging Can Support Large Scale Plug-in Use Without Additional Generation Capacity; TCO and GHG Abatement Costs for BEVs Projected to Remain High

US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

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

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Study details viable pathway to develop sustainable aviation biofuels industry in Pacific Northwest; hydroprocessing of natural oils seen as the most immediate opportunity

EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Nissan’s Big Gamble

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Tesla Announces IPO

Cleantech Blog: Smart Grids and Electric Vehicles

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