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 New study from the University of Halle: How climate change alters plant growth
12.01.2018 | Martin-Luther-Universität Halle-Wittenberg

nachricht Disarray in the brain
18.12.2017 | Universität zu Lübeck

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: Scientists decipher key principle behind reaction of metalloenzymes

So-called pre-distorted states accelerate photochemical reactions too

What enables electrons to be transferred swiftly, for example during photosynthesis? An interdisciplinary team of researchers has worked out the details of how...

Im Focus: The first precise measurement of a single molecule's effective charge

For the first time, scientists have precisely measured the effective electrical charge of a single molecule in solution. This fundamental insight of an SNSF Professor could also pave the way for future medical diagnostics.

Electrical charge is one of the key properties that allows molecules to interact. Life itself depends on this phenomenon: many biological processes involve...

Im Focus: Paradigm shift in Paris: Encouraging an holistic view of laser machining

At the JEC World Composite Show in Paris in March 2018, the Fraunhofer Institute for Laser Technology ILT will be focusing on the latest trends and innovations in laser machining of composites. Among other things, researchers at the booth shared with the Aachen Center for Integrative Lightweight Production (AZL) will demonstrate how lasers can be used for joining, structuring, cutting and drilling composite materials.

No other industry has attracted as much public attention to composite materials as the automotive industry, which along with the aerospace industry is a driver...

Im Focus: Room-temperature multiferroic thin films and their properties

Scientists at Tokyo Institute of Technology (Tokyo Tech) and Tohoku University have developed high-quality GFO epitaxial films and systematically investigated their ferroelectric and ferromagnetic properties. They also demonstrated the room-temperature magnetocapacitance effects of these GFO thin films.

Multiferroic materials show magnetically driven ferroelectricity. They are attracting increasing attention because of their fascinating properties such as...

Im Focus: A thermometer for the oceans

Measurement of noble gases in Antarctic ice cores

The oceans are the largest global heat reservoir. As a result of man-made global warming, the temperature in the global climate system increases; around 90% of...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

10th International Symposium: “Advanced Battery Power – Kraftwerk Batterie” Münster, 10-11 April 2018

08.01.2018 | Event News

See, understand and experience the work of the future

11.12.2017 | Event News

Innovative strategies to tackle parasitic worms

08.12.2017 | Event News

 
Latest News

Gran Chaco: Biodiversity at High Risk

17.01.2018 | Ecology, The Environment and Conservation

Only an atom thick: Physicists succeed in measuring mechanical properties of 2D monolayer materials

17.01.2018 | Physics and Astronomy

Fraunhofer HHI receives AIS Technology Innovation Award 2018 for 3D Human Body Reconstruction

17.01.2018 | Awards Funding

VideoLinks
B2B-VideoLinks
More VideoLinks >>>