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Study finds air pollution and GHG costs of crude-by-rail nearly 2x pipeline costs; much larger than spill and accidents costs

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Researchers from Carnegie Mellon University and the University of Pittsburgh have found that the air pollution and greenhouse gas costs of shipping crude by rail are nearly twice as large as those for oil pipelines. Their estimations were also based on The Pipeline and Hazardous Materials Safety Administration’s 2015 study.

Pollution 230
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The Next Oil Price Spike May Cripple The Industry

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Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources. We will explain.

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IHS Markit: US oil production growth heading for a major slowdown, as capital discipline and weak prices play out

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This comes at a time when companies are facing a prolonged period of lower prices and when access to financing from capital markets has become difficult, the report says. The combination of closed capital markets and weak prices are pulling cash out of the system. —Raoul LeBlanc. —Raoul LeBlanc. —Raoul LeBlanc.

Oil 170
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BNEF forecasts EVs to be 35% of global new car sales by 2040; cost of ownership below conventional-fuel vehicles by 2025

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This would be almost 90 times the equivalent figure for 2015, when EV sales are estimated to have been 462,000, some 60% up on 2014. This would be equivalent to nearly 8% of global electricity demand in 2015. At the core of this forecast is the work we have done on EV battery prices. Although some 1.3 per year.

Cost Of 150
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Navigant forecasts global annual natural gas vehicle sales to reach 3.9M in 2025, up 62.5% from 2015

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million vehicles in 2015 to 3.9 between 2015 and 2025. Due to the incremental costs of NGVs, limited fueling infrastructure, reduced utility, and progress on competitive electrification technology, Navigant expects only modest LD NGV demand growth in North America. million in 2025. million, accounting for 2.6% of all LDVs.

2015 150
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ITM Power reports its estimated cost of producing hydrogen via electrolysis down significantly from last year

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Electricity price. Water price. 5% of sale price. The European cost targets for hydrogen generation are €9.90/kg kg) in 2015 and €5.50/kg Increasing the utilization factor to 100% reduces the hydrogen cost to £3.52/kg At a hydrogen price of £4.19 per kg that wrks out to a price of 4p per km (22.7¢

Hydrogen 311
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Toyota continues prepare the market for fuel cell vehicle in 2015

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Toyota Motor continues to lay the foundation for the introduction of its production fuel cell hybrid vehicle in 2015; the company began work on fuel cell technology in 1992. Eliminating the need for a humidifier allowed Toyota to simplify the structure of the fuel cell system, making it lighter, smaller and more cost-effective.

2015 274