Tag Archives: co2

2020 Vehicles Post Fuel Economy, Low Emissions Records

In August, President Biden signed an Executive Order that sets good policy for US citizens with an ambitious new target to make half of all new vehicles sold in 2030 zero-emissions vehicles, including battery electric, plug-in hybrid electric, or fuel cell electric vehicles. EPA also proposed a new rulemaking under the Clean Air Act that by 2026 would establish the strongest greenhouse gas emission standards for cars and light duty trucks in history. Continue reading

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Ford to Take $1B Charge to Buy Back Expensive Debt

Last April, Ford sold $8 billion of bonds as the coronavirus pandemic closed Ford’s factories with a corresponding drop in sales. Actions such as the debt tender offer and the issuance of 0% convertible notes earlier this year, together with a “bet on the come line” of awaited broader access to capital from the new sustainable financing framework, combine with Ford’s objectives to further strengthen its balance sheet and financial flexibility and return its credit ratings to investment grade. Continue reading

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EU Gets Tougher on Climate Change – Wants All EVs by 2035

Let the adverse lobbying begin by the plump, wealthy sacred cows of the polluting establishment – including countries such as Germany with a strong carbon-based economy and its global auto industry – who face butchering by increasing market incentives for consumers to force them to speed the move away from fossil fuels as not only the climate clearly heating up and changing – deadly floods in Germany and Belgium, as well as floods and fires in the Americas, scorching temperatures globally – but the political climate is heating up to do more now over what is clearly the growing negative effects of runaway climate change. Continue reading

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Magna Wins Additional EV Component Business in China

Magna has won additional business to further support Chinese electric vehicle (EV) start-ups in the world’s largest and most CO2 producing vehicle market. Continue reading

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California Law – 100% Clean Electricity by 2045. Here’s the Plan

The 178-page report claims that the goals of SB 100 can be achieved in different ways but reaching them will require significant investments in new and existing technologies and an increased, sustained build-out of clean energy projects to bring new resources on-line. The report modeled various scenarios to examine sample paths to carbon-free energy. It will be followed with additional analyses of energy reliability and evolving conditions. California’s electricity mix is already more than 60% carbon free. About 36% of that comes from renewable sources, predominantly wind and solar. Continue reading

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Environmental About Face – General Motors Ditching Internal Combustion Engines by 2035. Carbon Neutral by 2040?

More than half of GM’s capital spending and product development team will be devoted to electric and electric-autonomous vehicle programs. And in the coming years, GM plans to offer an EV for every customer, from crossovers and SUVs to trucks and sedans. This neatly coincides with President Biden’s executive orders dealing with climate change and converting federal fleets to EVs. The success of the initiative will depend on the voters, err buyers, who will ultimately decide. Continue reading

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California Remains Below 2020 Emissions Target

Executive Summary: California’s latest greenhouse gas data shows that while the state continues to stay below its 2020 target for emissions, there is much more work to do to achieve carbon neutrality by 2045. Executive Order N-79-20 issued 23 September by California Governor Newsom recognized that achieving our air quality and climate goals hinge on transforming the state’s transportation sector. In that order, the Governor calls for 100% sales of zero emission light-duty vehicles by 2035. Continue reading

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Top Five Air Pollution Actions to Improve Health, Climate

While some efforts that replace fossil fuels with renewable energy sources improve both local health and favorably impact climate change, other, often politically popular programs are of limited value on either front. Continue reading

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