Remove Batteries Remove Climate Change Remove Fleet Remove Oil Prices
article thumbnail

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

Car fleet composition in the EU under the different scenarios. reduction in global oil consumption results in a drop in global oil prices of 1.2%. Most analyses of the economic assessments of energy efficiency measures normally use fixed oil prices when accounting for economic benefits. Click to enlarge.

Oil 150
article thumbnail

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

million kWh of Li-ion batteries and revenue of $4.1 Two key drivers of EV adoption include climate concerns and oil prices. The vast majority of China’s PEV fleet will be battery electric vehicles (BEVs), driven by a strong push behind this category by the central government. billion in 2015.

Asia 236
article thumbnail

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

Green Car Congress

EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. They estimated the number of new vehicles required and the adoption of new technologies and fuels based on their availability and cost effectiveness under projected scenario variables such as fuel price.

article thumbnail

Perspective: Government Leadership Needed for Electric Vehicles to Succeed

Green Car Congress

Perspective by Chris Hill, Manager, Central Fleet for the City of Hamilton, Ontario, Canada, and author of Hamilton’s Green Fleet Implementation Plan. [Mr. Hill is currently chair of the Ontario Chapter of NAFA Fleet Management Association, and a Green Party candidate for Canada’s Parliament in the next general election.

article thumbnail

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Green Car Congress

The DOE-QTR defines six key strategies: increase vehicle efficiency; electrification of the light duty fleet; deploy alternative fuels; increase building and industrial efficiency; modernize the electrical grid; and deploy clean electricity. Vehicle efficiency has the greatest short- to mid-term impact on oil consumption.

article thumbnail

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

While LNG is expected to be an early success, the picture becomes more diversified over time, as more than 20% of shipping could adopt hybrid propulsion solutions featuring batteries or other energy storage technologies, according to the paper. Ship electrification and renewables.

article thumbnail

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

The report, Plug-In Electric Vehicles: A Practical Plan for Progress , examines public policies toward PEVs, taking into account the promise and limitations of PEVs, recent improvements in battery technology, market dynamics, and the proliferation of policies around the world that promote the use of PEVs.

Plug-in 218