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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 For the APAC region in 2015, IHS forecasts that China’s economic growth will decelerate further, to 6.5% However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million, an increase of 2.4% North America.

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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

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The US Department of Energy (DOE) has released One Million Electric Vehicles by 2015 , a short status report on advances in deployment and progress to date in meeting President Obama’s goal of putting one million plug-in electric vehicles (PEV) on the road by 2015. Estimated US supply of PEVs from 2011-2015. Ford Focus EV.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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DB has lowered its advanced lithium-ion battery cost projection by about 30% for 2012. ” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region.

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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

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A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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Because the future development of socioeconomic variables, oil price, and the carbon intensity of electricity are outside the transportation sector and uncertain, the team used a set of three scenarios for plausible ranges for their future development. Ben-Akiva (2012) Technology Limits for Reducing EU Transport Sector CO 2 Emissions.

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Opinion: This Is What Needs To Happen For Oil Prices To Stabilize

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DUC’s have been the story of 2015 though they have had little effect on stopping the declines being put in. Back in the good old days—2012 or so—a single stage on a shale job was being priced at $125,000 or more. As of September 2015, that same stage is now down into the $30,000s. That’s underwater.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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The 103GW of capacity added by new renewable energy sources last year compares to 86GW in 2013, 89GW in 2012 and 81GW in 2011 and made 2014 the best year ever for newly installed capacity. Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year.

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