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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: Frank A. Coluccio who wrote (27417)8/7/2008 1:32:33 AM
From: axial  Read Replies (1) of 46821
 
Fueling our Transportation Future

ON THE ROAD IN 2035: REDUCING TRANSPORTATION'S PETROLEUM CONSUMPTION AND GHG EMISSIONS

Anup Bandivadekar, Kristian Bodek, Lynette Cheah, Christopher Evans, Tiffany Groode, John Heywood, Emmanuel Kasseris, Matthew Kromer, Malcolm Weiss

MIT Laboratory for Energy and the Environment, Cambridge, Massachusetts


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From the abstract:

"Our research for the current report was confined to industrialized countries, with an emphasis on the United States but also including some western European countries. We first assessed the application of new vehicle and fuel technologies to the performance, cost, and lifecycle emissions of individual vehicles. We then considered the effects on the total on-the-road fleet of introducing those technologies using plausible assumptions about how rapidly they could be developed, manufactured, and sold to buyers to replace existing vehicles and fuels or to add to the total fleet.

We have concluded that a 30–50% reduction in fuel consumption is feasible over the next 30 years. In the short-term, this will come as a result of improved gasoline and diesel engines and transmissions, gasoline hybrids, and reductions in vehicle weight and drag. If these improvements are achieved, we estimate a $1,500–$4,500 increase in vehicle costs. Over the longer term, plug-in hybrids and later still, hydrogen fuel cells may enter the fleet in numbers sufficient to have significant an impact on fuel use and emissions.

Alternative fuels that replace petroleum fuels are unlikely to change GHG emissions significantly. The major near-term alternatives are based on fossil raw materials like the Canadian oil sands or coal, which increase GHG emissions. Some biofuels may prove beneficial, depending on the particular biomass feedstock and conversion technology. But the U.S. emphasis on corn-based ethanol is not obviously justifiable. It has high economic costs, questionable GHG advantages, and other unfavorable environmental impacts.

No single technology development or alternative fuel can solve the problems of growing transportation fuel use and GHG emissions. Progress must come from a comprehensive, coordinated effort to develop and market more efficient vehicles and benign fuels, and to find more sustainable ways to satisfy transportation demands."

More, with links and .pdf downloads:

web.mit.edu

Jim
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