It's now more environmentally friendly to fly than to drive the same distance. That doesn't make it good for the environment, exactly, but Reuters' John Kemp reports on a new study out of the Transportation Research Institute at the University of Michigan:
As gas prices fluctuate between $3 and $4, car buyers continue to seek relief at the pump by focusing on cars with high fuel-efficiency. But unlike in recent years, in which hybrids were considered the best bets for consumers wanting high fuel economy, auto observers are now saying gas-powered vehicles may now be the biggest bang for the buck.
It may be counterintuitive, but walking might be worse for the environment than driving. That's the conclusion Richard B. Mckenzie, a professor of Economics at the Paul Merage School of Business comes to in his blog post on EconLib.
Courtesy of Kartikeya SinghAround the world, 1.2 billion people don't have access to electricity. That's nearly 17% of the world's population.
When the sun goes down, their day ends.
Students can't study past sundown. Shopowners have to close up early. Using the bathroom in the middle of the night can mean a dangerous trip outside.
Frequent readers of this blog will know that I am enormously skeptical of most fuel and efficiency numbers for electric vehicles. Electric vehicles can be quite efficient, and I personally really enjoy the driving feel of an electric car, but most of the numbers published for them, including by the government, are garbage. I have previously written a series of articles challenging the EPA's MPGe methodology for electric cars.
MUMBAI: Maruti Suzuki, the country's largest car maker, will be launching the Ciaz Hybrid, touted as the most fuel-efficient car in the country at 28 km/litre, thus raising the bar for fuel efficient cars in India. The new vehicle, which will replace the existing Ciaz diesel, and challenge segment leader Honda City, will also put the spotlight on diesel cars, which were losing the edge to petrol variants. A person close to the company said the technology will be a key differentiator for the company in the bigger car space, where it had a limited presence.
Using a rich dataset for the European car markets, this column shows that consumers moderately undervalue future fuel costs. This investment inefficiency is too small to justify upfront car taxes to promote fuel efficient cars. A car tax results in a more fuel efficient vehicle fleet than a fuel tax, but fails to induce high-mileage consumers to substitute to more fuel efficient cars. Once we take this targeting effect into account, fuel taxes turn out to be more effective.