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Udokan Copper to cut carbon intensity of copper production up to 75% by 2035

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Russia-based Udokan Copper , the developer of Russia’s largest new copper deposit, outlined scenarios to cut the carbon intensity of copper production up to 75% by 2035, bringing the company closer to its ultimate goal of climate neutrality in the long run. In 2021, Udokan Copper invested RUB 764 million (US$11.5

Carbon 273
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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Fossil fuels still dominated energy consumption with 87% market share, while renewables rose fastest but are still only 2% of the global total.

Coal 261
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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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in 2008, against 3.3% In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. billion tonnes in 2008. Source: PBL. Click to enlarge.

2008 170
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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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tonnes per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas. However the European Union saw the largest decline on record, with -11%, mainly due to warm weather, a weak economy, high gas prices and continued growth in renewable electricity production. tonnes per capita.

2011 236
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Steep increase in global CO2 emissions despite reductions by industrialized countries; driven by power generation and road transport

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correction for the leap year 2008), global emissions have. Increased energy efficiency, nuclear energy and the growing contribution of renewable energy are not compensating for the globally increasing demand for power and transport, which is strongest in developing countries. Global CO 2. Source: JRC. Click to enlarge.

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The Case for Nuclear Cargo Ships

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The IMO’s previous goal was a 50 percent reduction by 2050 in comparison with 2008 levels. At the same time, it’s becoming apparent that alternative-fuel solutions we’re looking at have big drawbacks, and that producing these fuels will take a lot of green power that will be needed to replace coal and gas on shore.

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US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

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World oil prices have fallen sharply from their July 2008 high mark. In addition, unconventional resources (including biofuels, oil sands, extra-heavy oil, coal-to-liquids, and gas-to-liquids) from both non-OPEC and OPEC sources are expected to become increasingly competitive in the reference case. million barrels per day.

2006 150