Tag Archive for 'fuel cost'

The cost of traffic congestion

December 18th, 2012 by INRIX Europe

A report, ‘The economic costs of gridlock‘, by INRIX®, a leading international provider of traffic information and driver services, and the Centre for Economics and Business Research (Cebr), finds that traffic congestion costs Britain’s economy more than £4.3 billion or approximately £491 per car commuting household. These costs are a result of the direct impact […]

IEA produces roadmap to improve vehicle fuel efficiency by 50 percent

September 20th, 2012 by International Energy Agency

The International Energy Agency (IEA) shows how the right policies and technologies could improve the fuel efficiency of road vehicles by 50% by the middle of the century, saving as much as 80% of current annual global oil consumption. The transport sector currently accounts for a 20% of global final energy consumption, and increased demand […]