Industrialized Cyclist Notepad


“Zero Emission Vehicle” credits

Honda is not selling the Fit EV with gas under 4$/gal. Lowered their lease price by one third.

Under a complicated formula that varies by state, automakers earn “zero emission vehicle” credits for each electric vehicle they sell or lease, and they’re expected to rack up a certain number of credits each year. Not all green cars are equal: All-electric models such as the Fit EV are worth more credits than plug-in hybrid models with gasoline engines like the Volt. The number of credits the carmakers must earn rises each year, and the companies face fines for falling short. (They can buy credits from other companies, such as electric-only Tesla Motors (TSLA), that sell too few cars to be subject to regulation yet still earn credits which they are allowed to sell. Tesla made $85 million selling California and federal credits in the first quarter of 2013.)

via Why Honda's Unloading Electric Cars for Cheap – Businessweek.



The Carbon Fallacy

Chris Martenson, smart about energy, busts the O administration for its disingenuous claims about lowering carbon emissions with natural gas:

To claim credit for lowered carbon emissions due to natural gas and then also support the idea of exporting LNG (where fully 25% of the base energy is combusted in order to simply liquefy the product) is hypocritical. These are two ideas that work against each other.  Either you use natural gas wisely and efficiently as you move away from coal resources and claim a carbon credit for these actions, or you support throwing 25% of natural gas’ energy right into the atmosphere just to cool it for transport.  

So it’s a fallacy to imply that exporting natural gas will help lower carbon emissions. In all honesty, total emissions will most likely be higher than otherwise – because let’s be realistic; the most likely path is for humanity to burn up all the natural gas and then burn up the coal next.

Further, where the U.S. carbon emissions have gone down due to less coal being burned, that happy circumstance resulted in Europe doing exactly the opposite:

[…]

Does natural gas help to lower carbon emissions?  No, it merely pushes the carbon emissions elsewhere while the U.S. feasts on relatively cheap natural gas domestically.  The only thing that lowers carbon emissions is NOT burning coal, natural gas, or petroleum – collectively.

via The Obama Administration's Policy on LNG Makes No Energy Sense | Peak Prosperity.