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ExxonMobil and Global Thermostat in joint development agreement to advance atmospheric carbon capture technology

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ExxonMobil and Global Thermostat signed a joint development agreement to advance technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere. ExxonMobil and Global Thermostat are also exploring opportunities to identify economic uses for captured carbon dioxide.

Carbon 230
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ExxonMobil to invest up to $100M over 10 years on lower-emissions R&D with US National Labs

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Initial work between ExxonMobil and the national laboratories will explore ways to bring biofuels and carbon capture and storage to commercial scale across the power generation, transportation, and manufacturing sectors. The company has spent more than $9 billion since 2000 developing and deploying lower-emissions energy solutions.

Emissions 207
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IPCC: GHG emissions accelerating despite mitigation efforts; major institutional and technological change required to keep the heat down

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Decomposition of the decadal change in total global CO 2 emissions from fossil fuel combustion by four driving factors; population, income (GDP) per capita, energy intensity of GDP and carbon intensity of energy. giga tonne carbon dioxide equivalent (GtCO 2 eq) (2.2%) per year from 2000 to 2010 compared to 0.4 Click to enlarge.

Emissions 257
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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PwC analysis finds a need for global carbon intensity to drop an average of 5.1% Since 2000, the global rate of decarbonization has averaged 0.8%; from 2010 to 2011, global carbon intensity fell by just 0.7%. Because of this slow start, global carbon intensity now needs to be cut by an average of 5.1%

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ITF: measures to decrease road freight CO2 emissions

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Moving goods by road consumes about 50% of all diesel produced; 80% of the global net increase in diesel use since 2000 comes from road freight. Trucks represent the fastest growing source of global oil demand. They account for 40% of the expected increase in oil demand to 2050 and 15% of the increase in global CO 2 emissions.

Emissions 255
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UN report projects that increasing use of HFCs likely to have a significant climate impact by 2050; equivalent to current total annual emissions from transport

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W m -2 relative to 2000. This increase may be as much as one-fifth to one-quarter of the expected increase in radiative forcing due to the buildup of CO 2 since 2000, according to the SRES emission scenarios. Climate and the Ozone Layer. Climate-friendly HFCs. —HFCs: A Critical Link in Protecting.

Climate 287
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California 2017 GHG inventory shows 1.2% total drop from 2016; transportation sector emissions up 1%

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Changes in emissions by Scoping Plan sector between 2000 and 2017. Electricity generated by California’s in-state wind power projects, large commercial-scale solar power projects, rooftop solar panels, and hydropower generation stations. Compared to 2016, California’s GDP grew 3.6% Trends in California GHG Emissions.

2017 230