Remove Cost Of Remove Economy Remove Stimulus
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Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

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The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. Conservative estimates resulted in an implied carbon cost exceeding $365 per ton, and more likely scenarios produced a cost of more than $500 per ton. However, the.

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Brookings analysts recommend against repeating cash for clunkers program in future recession

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However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. The small increase in employment came at a far higher implied cost per job created ($1.4 miles per gallon (9.4 l/100 km), compared to the 15.8

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Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

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The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. A 10% credit, up to a maximum of $4,000, for the cost of converting any motor vehicle into a qualified PHEV.

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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. would purchase 500 battery electric buses.

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Azure Dynamics Sells Five Balance Hybrid Electric Buses to Votran

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FTA stimulus funds covered 100% of the cost of the vehicles. engine, can improve fuel economy considerably while reducing carbon emission by up to 30% in city conditions. Earlier post.). Votran expects delivery in the fourth quarter 2009 and will integrate the buses into its county-wide paratransit service.

Hybrid 150
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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Closer to home, the federal fuel economy standards require the average fleet fuel economy of OEMs that sell vehicles in the USA to be 35.5 The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated.

Renewable 220
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Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

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Combined with the increasing scarcity and cost of energy resources, it is therefore vital to develop a range of technologies that will ensure the long-term sustainability of mobility in Europe. After 2025, the total cost of ownership (TCO) of all the powertrains converges. PHEVs are more economic than BEVs and FCEVs in the short term.

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