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In a study published in the journal Energy Economics , MIT researchers have found that a fuel economy standard is at least six to fourteen times less cost effective than a fueltax when targeting an identical reduction in cumulative gasoline use (20% by 2050).
Other state DOTs also are researching alternative financing methods to supplement or replace a gas tax. The Battelle project will include designing, building and testing new software applications that will run on cellular smart phones that utilize global positioning system (GPS) to determine location, heading, speed, etc.
The global push to convert the world to electric vehicles will cause supply chain complexities that could undermine the alternative energy transition in the United States, according to a new report from Rice University’s Baker Institute for Public Policy. Global Nickel Trade and Chinese Dominance. Nickel is no exception.
In spring the Chancellor presents the annual Budget statement, which includes a detailed assessment of the state of the economy and the nation’s finances. In his statement, the Chancellor may announce changes to taxes and new spending measures. This year’s PBR follows the first contraction in the global economy for 60 years.
The Department of Agriculture’s Rural Utilities Service will finalize a proposed update to its Energy Efficiency and Conservation Loan Program to provide up to $250 million for rural utilities to finance efficiency investments by businesses and homeowners across rural America. Other efforts will include: Natural Gas.
EVs will likely account for approximately 8% of new car sales in Europe by 2020, supported by consumers’ higher willingness to pay for green technologies, the region’s high emissions standards, and high gasoline and diesel fueltaxes. Conventional technologies with high CO 2 reduction potential. Source: BCG.
Establishing a new program to finance planning, design, and construction of high-speed rail. The Fund is replenished by revenue collected from motor fueltaxes. The existing transportation reauthorization act, which is financed by the Highway Trust Fund, expires on 30 September 2009. billion; Provides $337.4 Source: DOT.
The report shows that projected global ZEV adoption from 2015 to 2039 (based on the BNEF 2017 forecast) may follow an s-curve, similar to that of smartphone adoption in the US from 2005 to 2015. Bloomberg New Energy Finance estimates battery cost will decline by almost 10% until 2025, when ZEVs will reach price parity with ICE vehicles.
The EU and member states should use public procurement and incentives to fleet managers as tools to accelerate the deployment of more fuel-efficient vehicles and low-carbon fuels if these measures are cost-effective. The EU should continue to implement an ambitious differentiated co- financing rate for low-carbon TEN-T projects.
Green Car Congress had the opportunity recently to have a discussion with Mark Donaghy, the Global Marketing Manager for Valence Technology, Inc., Two global fulfillment centers—one in Rotterdam and one in Dallas—can ship product to customers within 72 hours. Click to enlarge. a provider of lithium-ion batteries, modules and packs.
Also included are tax credits for sustainable aviation fuel (SAF) producers, many of whom have already supported landmark flights powered by renewable, low-carbon advanced biofuels.
For example, by 2025, 50% of FedEx Express global PUD vehicle purchases will be electric, rising to 100% of all purchases by 2030. ” – March 7, Business Insider via Yahoo Finance. FedEx plans to accomplish this through phased programs to replace existing vehicles. – March 5, via FedEx press release.
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