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Study recommends $10B/year US federal investment in energy RD&D and a substantial price on carbon emissions; leveraging the national labs and encouraging the private sector for a clean energy future

Green Car Congress

The study— Transforming US Energy Innovation —also found that it is very unlikely that the goal of reducing carbon dioxide emissions by 83% below 2005 levels by 2050 can be met without both the increased ERD3 investments and policies that price carbon emissions.

Energy 231
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We Need More Than Just Electric Vehicles

Cars That Think

Another barrier to the adoption of EVs is the price, which is largely a function of the cost of the batteries, which make the purchase price 25 to 70 percent higher than that of an equivalent conventional vehicle. sudden reversal of that trend in 2022 due to increases in prices of critical metals and a surge in demand for EVs.