No comment on PM 2.5 restrictions, entirely different topic.
No comment on PM 2.5 restrictions, entirely different topic.
Gasoline prices are headed down to below $2 a gallon in some parts of the country right now, but from what I understand California prices are going to stay at least twice that, and might even go higher. So we'll have to see what effect that has on demand there, if any.
> No comment on PM 2.5 restrictions, entirely different topic.
Carbon emissions are carbon emissions; it's not just all about CO2. PM 2.5 carbon particles and visible soot and such will likely eventually oxidize to CO2 anyway, though. And a lot of it oxidizes almost as soon as it's emitted, given its high temperature and its exposure to fresh supply of oxygen.
It would make some difference in use, in the medium to long term. It would make sure nobody moves from other carbon emission sources to gasoline to save money. And most importantly, you could use 50 cents a gallon to capture a lot of carbon.
> eventually oxidize to CO2
Let me rephrase then. Those particles, treated purely as a carbon source, are pretty negligible. Any restrictions that matter would be based on non-CO2 effects.
As to the PM 2.5 thing, like I said a lot of that gets oxidized to CO2 anyway, which adds up over time. Lately the EPA has been making a lot of noises about regulating this stuff, except that it turns out that much of it comes from places like our own kitchens. And nobody really wants the EPA involved with that part of it, hence the efforts to reign them in somewhat. But of course any talk of potentially restraining the EPA here is personified as "evil" in the press.