Data from 600k cars shows that real world fuel consumption for gas powered vehicles is 20% higher than official values. For PHEV's "real-world CO2 emissions were on average 3.5 times higher" (!!) https://t.co/UPzauqIydh
How far does the #InflationReductionAct go toward achieving the US's Paris Agreement goals? 🌎🏛️
New RFF research finds that the #IRA—when paired with a cap on emissions—could lead to an 80% reduction in energy-sector #emissions by 2030.
Learn more! 👇
https://t.co/EKW2EGBAXB
🚨Launch of Energy Policy Simulator for 48 contiguous US states!🚨
Today we (@EnergyInnovLLC), in partnership with @RockyMtnInst, launched state versions of the Energy Policy Simulator (EPS) for the 48 contiguous U.S. states.
You can access them here: https://t.co/HPCLCKgTBA
To keep @POTUS’ 100% clean power by 2035 commitment within reach, we must cut power sector carbon pollution 80% by 2030.
New post-IRA modeling from us and @NRDC shows that strong @EPA rules on carbon pollution from new+existing power plants will get us most of the way there. 🧵
Can electric vehicles be a flexibility source and contribute to power system stability? In https://t.co/NZX1gU9gfS the authors look at the potentials & tradeoffs (battery degradation) of unidirectional vs bidirectional smart charging of EVs for frequency containment reserve power
A study led by RFF offers one of the first looks at the significant and widespread #health benefits that can be expected if the United States cuts #emissions in half by the end of the decade.
Read the blog post by Maya Domeshek and @DallasBurtraw ⤵️
https://t.co/c8aIkfqO0A
The Inflation Reduction Act has been US Law for but one day and I've already:
1. Heard from one state legislative leader planning to radically accelerate the state's timeline to 100% carbon-free electricity given how much more affordable those goals now are, and...
Especially interesting that the IRA narrows the range of changes in electricity prices resulting from future natural gas price swings, insulating business and households from uncertainty. Even under the highest natural gas price scenario, electricity prices fall below baseline.
NEW ⚡️ RFF researchers model the impact of the #InflationReductionAct on consumer electricity prices, finding that it reduces the average American household's electricity costs by $170–$220 annually. https://t.co/df51hbSGEt
@Nick_HRoy @DallasBurtraw@kevinrennert
The decline in electricity prices that result will help drive electrification of transportation and buildings, yielding additional environmental and consumer benefits over the decade.
Lead author @Nick_HRoy: "The tax credits can lower the #electricity rates everyone in the economy faces and shield us from potential swings in #NatGas prices like we've been seeing and feeling this year."
Lead author @Nick_HRoy: "The tax credits can lower the #electricity rates everyone in the economy faces and shield us from potential swings in #NatGas prices like we've been seeing and feeling this year."