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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.

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EPA proposes reduction in cellulosic biofuel and total renewable fuel standards for 2014

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The US Environmental Protection Agency (EPA) is proposing a reduction in the cellulosic biofuel and total renewable fuel standards (RFS) for 2014. Specifically, EPA is proposing a total renewable fuel target of 15.21 Specifically, EPA is proposing a total renewable fuel target of 15.21 billion gallons. Earlier post.)

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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Use of Hydrous Ethanol in Brazil. The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. In 1975, General Ernesto Geisel, then-president of Brazil, ordered the country’s gasoline supply mixed with 10% ethanol.

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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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new appliance standards and CAFE) and changes in the way energy is used in the US economy. quadrillion Btu in 2035, as a result of fuel economy improvements achieved through stock turnover as older, less efficient vehicles are replaced by newer, more fuel-efficient vehicles. Domestic oil production will rise to 7.5

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Separate MIT, IEA reports both outline major expansion in role of natural gas; caution on climate benefits

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Unlike other fossil fuels, natural gas plays a major role in most sectors of the modern economy—power generation, industrial, commercial and residential. Natural gas use in the transportation sector is likely to increase, with the primary benefit being reduced oil dependence. It is clean and flexible.

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Cummins introduces next-gen X-series Euro 6 engines; up to 605 hp

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The X Series engines intended for Euro 6 applications share a similar platform with the X15 and X12 recently launched for the North American Class 8 truck market that meet the US EPA 2017 greenhouse gas (GHG) and fuel-efficiency standards.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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July, 2008 : The Australian government published the Garnaut Report, a comprehensive study of the effects of climate change on the country’s economy ( earlier post ). In particular, Prentice seeks to shield Alberta’s emissions-intensive oil sands operations from the effects of emission reductions.

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