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IIASA: removing fossil fuel subsidies will not reduce CO2 emissions as much as hoped

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Fossil fuel subsidies amount to hundreds of billions of dollars worldwide, and removing them has been held up as a key answer to climate change mitigation. However, the study found that the growth of CO 2 emissions by 2030 would only be 1-5% lower than if subsidies had been maintained, regardless of whether oil prices are low or high.

Emissions 186
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Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

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Perspective by Deron Lovaas, Federal Transportation Policy Director, Natural Resources Defense Council. Oil is a strategic commodity second to none—it underlies the global economy and even the American way of life. Volatility hurts us too, for as we’ve learned the price of oil can rise sharply in a short period of time.

Oil 255
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Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

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Debate about the future of oil sands development is so contentious that even the name of the resource is disputed: proponents typically use oil sands while opponents use tar sands. All told, they wrote, the well-to-wheel (WTW) emissions of oil sands products constitute roughly 2% of total emissions in Canada and the US.

Oil-Sands 225
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Refiners and Truckers Associations Challenge California LCFS in Federal Court

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It will protect us from volatile oil prices and provide consumers with cleaner fuels and provide the nation with greater energy security. Tags: Climate Change Fuels Policy. In response to the lawsuit, Mary Nichols, CARB chairman, issued the following statement: Their actions are shameful. LCFS Complaint.

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

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savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas. tonnes per capita. the United States (16%).

2011 236
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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

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In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution.

Oil 207
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IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

The cost of fossil-fuel subsidies has been driven up by higher oil prices; they remain most prevalent in the Middle East and North Africa, where momentum towards their reform appears to have been lost. The result is a continued fall in US oil imports, to the extent that North America becomes a net oil exporter around 2030.

Global 225