General Motors (GM) has announced it will increase
production of its Chevrolet Volt EV which will have a
manufacturer's suggested retail price of $41,000. Nissan has
revealed that its Leaf EV will be available in five states
starting in December at a suggested price of $32,780.
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
Public policies such as appliance and vehicle efficiency standards and building codes are responsible for at least 20% of the improvement in the US's energy intensity--energy use per unit of GDP. (Source: Institute for 21st Century Energy)
In 2007, the average monthly residential electricity consumption was 936 kWh. (Source: EIA)
Crude oil, taxes, refining, distribution and marking are the four main components that make up the retail price of a gallon of gasoline. (Source: EIA)
Today’s challenges of reducing greenhouse gas emissions while meeting the country’s steadily rising demand for electricity make it essential for legislatures and public utility commissions to shift their focus toward mechanisms that make demand reduction as profitable for utilities as increasing supply. (Source: Institute for 21st Century Energy)
