Category: Electric

The Price Of Durable Carbon Removal Is The Price Of Carbon

At present, we lack a carbon market that effectively incentivizes emissions reductions at the scale needed to limit global warming to below 1.5 degrees Celsius. Tethering the carbon price to the cost of carbon dioxide removal provides a pathway to effectively determine the value of carbon emission reductions.

How much money EV ownership saves depends on where you live

2024 Volkswagen ID.4A new University of Michigan study compares the cost of ownership for EVs and internal-combustion vehicles across 14 U.S. cities, finding that the path to cost parity between the two varies by region. The study found that the total cost of ownership for a 300-mile midsize electric SUV varies by $52,000 across all the cities studied. EVs were most...