Tackling climate change means properly pricing fossil fuels

Tackling climate change means properly pricing fossil fuels

We often hear that fossil fuels are heavily subsidized but by how much exactly? As Vox recently reported,” the International Monetary Fund (IMF) periodically assesses global subsidies for fossil fuels as part of its work on climate, and it found in a recent working paper that the fossil fuel industry got a whopping $5.2 trillion […]

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VW Seeks to Be Carbon Neutral In Production of Its EV

VW Seeks to Be Carbon Neutral In Production of Its EV

After its emissions cheating scandal last year, Volkswagen is looking to change its image, first announcing a new push for electric vehicles and now pledging to make the production of its first electric model carbon neutral.  That equates to reducing its emissions by 1 million tons of carbon dioxide a year, which is a good thing because according to GreenCarCongress.com, “the production of an electric vehicle currently generates significantly more CO2 than that of cars with a combustion engine—around 150% on average.” 

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EVs for Show at the Auto Show in Detroit

EVs for Show at the Auto Show in Detroit

The major U.S. and foreign auto companies are racing to catch up to Tesla in the EV market, and are using this year’s auto show in Detroit to make the PR point, but there are few vehicles ready for market yet.   According to the AP, one of the reasons is that SUVs and trucks make up 72% of the new vehicles sold in the U.S. last month, compared to 49% in December 2012.  Thus, these new EVs will need to be SUVs, according to Axios.  But only two of the vehicles scheduled to be “rolled out” at the Detroit auto show are electrified, AP notes, and neither is available for sale yet. 

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