Electric Vehicles
Under President Obama’s second term, energy industry officials and analysts are keen on the Administration’s priorities for the energy sector, envisioning regulatory reforms and policies to advance the nation’s energy and economic security. Key areas to watch include Keystone XL Pipeline talks, recognizing the primacy of states in regulating oil and natural gas development, and…...
Sequestration refers to a package of automatic $1.2 trillion across-the-board spending cuts that is a part of the 2011 Budget Control Act (BCA), passed in August 2011. The spending cuts would affect some 1200 government programs, including those that fund energy research and development initiatives. The cuts are scheduled to begin on January 2, 2013…...
By 2025, U.S. vehicles will get 54.5 miles per gallon (mpg), attaining nearly twice the fuel efficiency of current vehicles, providing fuel economy for consumers and setting carbon pollution standards, according to the finalized auto-efficiency standards announced by the Obama administration on August 28, 2012. Auto manufacturers have welcomed the rules, calling it a single…...
According to a report released by Massachusetts Institute of Technology (MIT) on August 27, 2012, applying a carbon tax at the rate of $20 per ton in 2013 and increasing it by four percent per year can raise $1.5 trillion over a span of 10 years. The report, which comes at a time when Congress…...
On May 19, the U.S. Senate Committee on Energy and Natural Resources held a full committee hearing to receive testimony on policies that promote advanced vehicle technologies and accelerated deployment of electric-drive vehicles. Witnesses discussed several bills that are now before the Senate that would advance vehicle technologies. Witnesses also noted that the President’s Budget…...
Washington last month unveiled its new fuel economy sticker for vehicles starting with the 2013 model year that will include – for the first time – environmental impacts and greenhouse gas data. The new window sticker, which was unveiled last month by the Environmental Protection Agency, Department of Energy, and Department of Transportation, replaces a…...