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President Biden called on Congress to suspend the federal gastax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gastaxes as well or to find other ways to deliver some relief.
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.
President Obama’s plan, which sidesteps the need for Congressional involvement by relying on a wide variety of executive actions, has three main components: Reducing greenhouse gas emissions in the US. Reducing greenhouse gas emissions in the US. of greenhouse gas emissions to 3% by 2020. Other efforts will include: Natural Gas.
In the Pre-Budget Report (PBR) released on 9 December, UK Chancellor Alistair Darling announced that all electric cars will be exempt from Company Car Tax (CCT) for 5 years and electric vans will be exempt from Van Benefit Charge (VBC) for the same period. The PBR also has news of an additional £30 million (US$48.5
A new study from the Harvard Kennedy School’s Belfer Center for Science and International Affairs finds that reducing greenhouse gas emissions from transportation will be a much bigger challenge than many assume, and will require substantially higher fuel prices combined with more stringent regulations. —Morrow et al.
Policies to entice consumers away from fossil-fuel powered vehicles and normalize low carbon, alternative-fuel alternatives, such as electric vehicles, are vital if the world is to significantly reduce transport sector carbon pure-emissions, according to a new study. Share of EDVs in 2050.
The GFEI, a partnership of international agencies and top energy policy experts, suggests that these cost savings could in part be used to help offset the costs of developing a global market for electric vehicles over this time frame, since the savings are estimated to be at least four times bigger than these costs. per liter ($0.26/gallon
The report from a task force assembled by the CEPS (Centre for European Policy Studies), a Brussels-based think tank, on European transport policy has concluded that the EU’s goal of a 60% greenhouse gas (GHG) emissions reduction in the transport sector in 2050 compared to 1990 levels is possible, but at a cost.
A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.
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. In 2017, Tesla Model S had the farthest EPA-rated range for an all-electric vehicle, at 315 miles. million ZEV target by 2030. Earlier post.)
Without significant additional policy interventions to induce market penetration of breakthrough passenger car and aircraft technologies, the overall European (EU27) greenhouse gas (GHG) emissions reduction goals for 2050 will be difficult to meet, according to a new study by researchers from the University of Cambridge, Stanford University and MIT.
The Texas State Legislature is considering levying a tax against EV owners to fund road upkeep and improvement, and EV owners are on board. Electric vehicles are the choice for many consumers not only due to their environmental benefits but also due to their reduced cost of ownership. What do you think of the article?
With all this, consumers and policymakers alike are hopeful that society will soon greatly reduce its carbon emissions by replacing today’s cars with electric vehicles. Indeed, adopting electric vehicles will go a long way in helping to improve environmental outcomes. You also must consider the electricity that charges the vehicle.
The electric car market is experiencing massive growth, exceeding 10 million in sales in 2022. As a result, regulations and guidelines related to electric vehicles are changing frequently, and consumers and charging station hosts must be aware of new developments. By the end of 2022, there were 2.7
sales to be electric vehicles by 2030 – The German automaker said more than 70% of its Volkswagen brand’s European sales will be EVs by 2030, up from a previous target of 35%. For example, by 2025, 50% of FedEx Express global PUD vehicle purchases will be electric, rising to 100% of all purchases by 2030. In the U.S.
According to the report, “On the Road Toward 2050: Potential for Substantial Reductions in Light-Duty Vehicle Energy Use and Greenhouse Gas Emissions,” each element is separately important, but must collectively be pursued aggressively to achieve necessary emissions reductions.
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