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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

OPEC (Organization of the Petroleum Exporting Countries) has been the most talked about international organization among investors, analysts and international political lobbies in the last few months. The EIA even predicts that OPEC’s net oil exports (excluding Iran) could fall to as low as $380 billion in 2015.

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Europe Expands Virtual Borders To Thwart Migrants

Cars That Think

By delivering the migrants there, the masters of the Maltese vessels, and perhaps the European rescue authorities involved, may have violated the international law of the sea, which requires ship masters to return people they rescue to a safe port. billion) a year internally on managing migration, not counting national-level spending.

Europe 143
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. Click to enlarge.

Oil 247
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Bezos Bucks? Get Ready for Corporate Digital Currency

Cars That Think

An important early paper (2015) by Joshua Gans and Hanna Halaburda on private digital currencies pointed out that “any currency can be viewed as a platform”—and it is the attractiveness of the platform on which its adoption depends. This would be an advantage for international consumers who wanted to avoid exchange-rate risk.

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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

In 2015–expanded to emissions from residential, commercial, and other industrial combustion, and transportation fuels. In 2015–nearly 90% of emissions. Cheap debt issuance alone, even if backed by the full faith and credit of the U.S. Gases: All 6 Kyoto gases. Sources: In 2012–electricity generators and large industrial sources.

Gas 244