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EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

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World energy consumption by fuel type, 2010-2040. The US Energy Information Administration’s (EIA’s) International Energy Outlook 2013 (IEO2013) projects that world energy consumption will grow by 56% between 2010 and 2040, from 524 quadrillion British thermal units (Btu) to 820 quadrillion Btu. Source: IEO2013.

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Opinion: Here’s what will send oil prices back up again

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Those claiming that oil will continue to fall from here and remain low for evermore, however, are flying in the face of both history and common sense. The question we should be asking ourselves is not if oil prices will recover, but when they will. Supply alone, however, doesn’t determine price.

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Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

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Global energy intensity, 1981-2010. Global energy intensity—defined as total energy consumption divided by gross world product—increased 1.35% in 2010, the second year of increases in the context of a broader trend of decline over the last 30 years, according to a new Vital Signs Online article from the Worldwatch Institute.

2010 246
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Ricardo study suggests global oil demand may peak before 2020, falling to below 2010 levels by 2035

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Global demand for oil may well peak before 2020, falling back to levels significantly below 2010 demand by 2035, according to a multi-client research study conducted by Ricardo Strategic Consulting launched in June 2011 in association with Kevin J. Oil demand growth will have its limits in every country. Lindemer LLC.

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IEE forecasts electric-drive LDVs could constitute between 2 to 12% of US vehicle stock by 2035

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According to the report, “ Forecast of On-Road Electric Transportation in the US (2010-2035) ”, this figure could increase to as high as 30 million EVs depending on advances in battery technology. These scenarios provide projections based on EIA’s Annual Energy Outlook (AEO) 2012 Reference Case, advances in battery technology (e.g.,

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Lux: VCs invest $5.8B in bio-based chemicals, as focus shifts to disruptive synthetic biology

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billion into bio-based materials and chemicals (BBMC) startups since 2010, reflecting the drive for sustainability, performance, and alternatives to petroleum feedstocks. Japan’s Spiber and Germany’s AMSilk have also pulled in big deals, and up-and-comers like Araknitek and Spiber Technologies may be up next.

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Sandia study finds meeting RFS2 requirements unlikely without stronger enforcement mechanism; the importance of drop-in biofuels

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The model begins in 2010 with 220 million LDV spark-ignition (gasoline) vehicles, 9.7 Among their findings were: RFS2 is satisfied at extreme oil prices (at least $215/barrel). This oil price encourages biofuel use in the RFS2 timeframe, but not in the long run. million E85 flex-fuel vehicles; 1.8