Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

Study: Electric cars hold greater promise for reducing emissions and lowering US oil imports

28.09.2010
Electric cars hold greater promise for reducing emissions and lowering U.S. oil imports than a national renewable portfolio standard, according to research conducted by Rice University's Baker Institute for Public Policy.

This assessment is among several contained in a new major policy study the Baker Institute Energy Forum will release at a Sept. 27-28 conference titled "Energy Market Consequences of an Emerging U.S. Carbon Management Policy." The study comprises several academic working papers on a variety of topics, such as carbon pricing, the wind industry, global U.S. carbon and energy strategies, and renewable energy R&D.

"As the country moves forward to deliberate on energy and climate policy," the executive summary states, "consideration must be given to what policies would best accomplish the stated goals for U.S. policy — a reduction in the need for imported oil and in greenhouse gas emissions." The papers released at the conference seek to "clarify and debunk common myths that currently plague the U.S. energy- and climate-policy debate."

For instance, the Baker Institute analysis found "the single most effective way to reduce U.S. oil demand and foreign imports would be an aggressive campaign to launch electric vehicles into the automotive fleet." In fact, mandating that 30 percent of all vehicles be electric by 2050 would both reduce U.S. oil use by 2.5 million barrels a day beyond the 3 million barrels-per-day savings already expected from new corporate average fuel efficiency standards, and also cut emissions by 7 percent, while the proposed national renewable portfolio standard (RPS) would cut them by only 4 percent over the same time.

Moreover, the researchers found that "business-as-usual market-related trends might propel the United States toward greater oil and natural gas self-sufficiency over the next 20 years while scenarios specifically focused on strict carbon caps and pricing or a high carbon tax of $60 a tonne or more could lead to a significant increase in U.S. reliance on oil imports between now and 2025. A carbon tax of $30 a tonne would also increase U.S. dependence on imports of foreign liquefied natural gas (LNG) by 2025."

The Baker Institute researchers foresee natural gas -- reinforced by recent discoveries of vast reserves of shale gas -- playing "a very important role in the U.S. energy mix for decades to come." Under a business-as-usual approach, the United States won't have to import any LNG for decades. And the growth of natural gas will help the environment by lowering the demand for coal.

The Baker Institute conference will begin at 9 a.m. Scheduled keynote speakers include Diezani Alison-Madueke, Nigerian minister of petroleum resources; James Mulva, chairman and CEO of ConocoPhillips; Edward Morse, managing director and head of global commodities research at Credit Suisse; Robert Stavins, the Albert Pratt Professor of Business and Government and director of the Harvard Environmental Economics Program at Harvard University; and Felix Kramer, founder of the California Cars Initiative.

The event will be held in Baker Hall's Doré Commons on the Rice University campus, 6100 Main St. For directions, go to http://www.rice.edu/maps/maps.html.

For more information about the conference, go to http://bakerinstitute.org/events/energy-market-consequences-of-an-emerging-u.s.-carbon-management-policy.

To read the executive summary and the studies being presented at the conference, visit: http://www.bakerinstitute.org/programs/energy-forum/publications/energy-studies/energy-market-consequences-of-an-emerging-u.s.-carbon-management-policy.

David Ruth | EurekAlert!
Further information:
http://www.rice.edu

More articles from Studies and Analyses:

nachricht Antarctic Ice Sheet mass loss has increased
14.06.2018 | Technische Universität Dresden

nachricht WAKE-UP provides new treatment option for stroke patients | International study led by UKE
17.05.2018 | Universitätsklinikum Hamburg-Eppendorf

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: Overdosing on Calcium

Nano crystals impact stem cell fate during bone formation

Scientists from the University of Freiburg and the University of Basel identified a master regulator for bone regeneration. Prasad Shastri, Professor of...

Im Focus: AchemAsia 2019 will take place in Shanghai

Moving into its fourth decade, AchemAsia is setting out for new horizons: The International Expo and Innovation Forum for Sustainable Chemical Production will take place from 21-23 May 2019 in Shanghai, China. With an updated event profile, the eleventh edition focusses on topics that are especially relevant for the Chinese process industry, putting a strong emphasis on sustainability and innovation.

Founded in 1989 as a spin-off of ACHEMA to cater to the needs of China’s then developing industry, AchemAsia has since grown into a platform where the latest...

Im Focus: First real-time test of Li-Fi utilization for the industrial Internet of Things

The BMBF-funded OWICELLS project was successfully completed with a final presentation at the BMW plant in Munich. The presentation demonstrated a Li-Fi communication with a mobile robot, while the robot carried out usual production processes (welding, moving and testing parts) in a 5x5m² production cell. The robust, optical wireless transmission is based on spatial diversity; in other words, data is sent and received simultaneously by several LEDs and several photodiodes. The system can transmit data at more than 100 Mbit/s and five milliseconds latency.

Modern production technologies in the automobile industry must become more flexible in order to fulfil individual customer requirements.

Im Focus: Sharp images with flexible fibers

An international team of scientists has discovered a new way to transfer image information through multimodal fibers with almost no distortion - even if the fiber is bent. The results of the study, to which scientist from the Leibniz-Institute of Photonic Technology Jena (Leibniz IPHT) contributed, were published on 6thJune in the highly-cited journal Physical Review Letters.

Endoscopes allow doctors to see into a patient’s body like through a keyhole. Typically, the images are transmitted via a bundle of several hundreds of optical...

Im Focus: Photoexcited graphene puzzle solved

A boost for graphene-based light detectors

Light detection and control lies at the heart of many modern device applications, such as smartphone cameras. Using graphene as a light-sensitive material for...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

VideoLinks
Industry & Economy
Event News

Munich conference on asteroid detection, tracking and defense

13.06.2018 | Event News

2nd International Baltic Earth Conference in Denmark: “The Baltic Sea region in Transition”

08.06.2018 | Event News

ISEKI_Food 2018: Conference with Holistic View of Food Production

05.06.2018 | Event News

 
Latest News

Carbon nanotube optics provide optical-based quantum cryptography and quantum computing

19.06.2018 | Physics and Astronomy

How to track and trace a protein: Nanosensors monitor intracellular deliveries

19.06.2018 | Life Sciences

New material for splitting water

19.06.2018 | Physics and Astronomy

VideoLinks
Science & Research
Overview of more VideoLinks >>>