Comment Comment by andrewwhartion Quick 'back of the envelope' (literally) calculations:Toyota Camry [0] Dual VVT-i engine gets 7.9L/100km and 183gm/km emissions. That roughly works out as 2.3kg CO2 per 1L petrol.Therefore, a tonne of CO2 is produced for every ~430L petrol. Petrol is around AUD $1.40/L, so about AUD $600 of petrol.Carbon credits [1] are worth about $14 euros per tonne of CO2, which is say AUD $19.Therefore 'carbon neutral' petrol adds about AUD$20 to AUD$600 worth of fuel, or about 3-4%.Sound about right? I could stomach that, considering the fuels price goes up and down all the time anyway...[0] http://www.toyota.com.au/camry/features/economy-and-environm...[1] http://www.goldstandard.org/blog-item/carbon-pricing-what-ca...EDIT: formatting... parent andrewwhartion 9 years ago
Toyota Camry [0] Dual VVT-i engine gets 7.9L/100km and 183gm/km emissions. That roughly works out as 2.3kg CO2 per 1L petrol.
Therefore, a tonne of CO2 is produced for every ~430L petrol. Petrol is around AUD $1.40/L, so about AUD $600 of petrol.
Carbon credits [1] are worth about $14 euros per tonne of CO2, which is say AUD $19.
Therefore 'carbon neutral' petrol adds about AUD$20 to AUD$600 worth of fuel, or about 3-4%.
Sound about right? I could stomach that, considering the fuels price goes up and down all the time anyway...
[0] http://www.toyota.com.au/camry/features/economy-and-environm...
[1] http://www.goldstandard.org/blog-item/carbon-pricing-what-ca...
EDIT: formatting...