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MIT study cautions smaller nations on rushing to develop their natural gas resources; Cyprus as model

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Cyprus offshore hydrocarbon exploration blocks. The study is a part of of a larger report that will further take into account the changing dynamics of the regional and global gas markets, giving a comprehensive view of the implications for the long-term development of natural gas in Cyprus and other like nations. Paltsev et al.

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Sales of chargeable vehicles more than triple in EU in Q3 to take 9.9% new market share

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of passenger cars sold in the EU were electrically-chargeable vehicles, compared to 3.0% With the exception of Cyprus, all EU markets saw declines in demand for gasoline cars during the three-month period, including the four major markets. In the third quarter of 2020, 9.9% in the third quarter of the year. of the EU car market.

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ACEA report finds growth of charging points not keeping pace with rising demand for electric vehicles in Europe

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A new report by the European Automobile Manufacturers’ Association (ACEA) shows that despite strong growth, the available charging infrastructure for electric vehicles in the EU still falls far below what is needed, and remains unevenly distributed across member states. of all cars sold in Europe in 2019 were electrically-chargeable (+2.4

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ACEA: plug-in vehicles take 6.8% market share in Europe in Q1 2020; HEVs at 9.4%

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In the first quarter of 2020, the electrically-chargeable vehicle segment in Europe significantly increased its market share, rising to 6.8% (from 2.5% All the markets in the region went into decline, notably the four largest ones: Italy (-49.8%), France (-36.6%), Spain (-33.8%) and Germany (-23.0%). to 738,392. million in Q1 2020.

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Northern Lights Energy and Reva Electric Car Company Sign Agreement to Develop the Electric Vehicle Market in Iceland

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Northern Lights Energy ( NLE ), the initiator of the 2012 charging infrastructure project and provider of infrastructure and services for electric vehicles (EV) based in Iceland, has signed an agreement with Reva Electric Car Company to jointly develop the electric vehicle market in Iceland. Earlier post.)

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EEA: average CO2 emissions from new cars and new vans in Europe increased in 2018

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Moreover, the market penetration of zero- and low-emission vehicles, including electric cars, remained slow in 2018. Other key findings include: Gasoline cars were the most sold passenger vehicles in the EU and in Iceland, constituting almost 60% of all new registrations. g CO 2 /km) and Cyprus (135.1 g CO 2 /km). g CO 2 /km).

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Growing Number of EU Countries Levying CO2 Taxes on Cars and Incentivizing Plug-ins

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At present, 17 of the 27 EU Member States levy CO 2 -related taxes on passenger cars, and 15 governments provide tax incentives for electrically chargeable vehicles, according to the newly published European Automobile Manufacturers’ Association (ACEA) Tax Guide 2010. Overview of electric vehicle tax incentives. Data: ACEA.

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