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Can Electric Vehicles Speed Up As The Economy Slows Down?

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Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. In fact, just a few days ago Germany and France announced a €500 billion green recovery fund to accelerate the EU’s shift to a low-carbon economy.

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Navigant forecasts global light duty electrified vehicle sales to exceed 6.0M in 2024; PEVs to account for roughly half

Green Car Congress

It will also be due to the continued drive to reduce carbon emissions and improve vehicle fuel economy in the major developed vehicle markets. These include the dive in oil prices that began in mid-2014, as well as the phasing out of some local government purchase incentives. Electric Vehicle Market Forecasts”.

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NREL launches new alternative transportation web tools; planning, maps, data

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The AFDC’s new Petroleum Reduction Planning Tool is an interactive Web application that allows fleet managers to evaluate the benefits associated with five alternative fuels—biodiesel, electricity, ethanol, natural gas and propane—along with a variety of efficiency measures, such as idle reduction and fuel economy improvements.

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Cascadia Capital forecasts flurry of MA and commercialization in clean tech in 2011; US Congress to discard Cap and Trade

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the future of the economy and the environment. Rising Oil Prices Lead to Investments in Natural Gas. Oil markets are traditionally sensitive to a pick up in economic activity. As the economy continues to slowly improve over the next 12 months, Cascadia predicts that oil will hit $100 per barrel. extraction.

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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

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The result will be rapidly rising market shares for electric vehicles in the biggest markets, even with oil prices staying low. Emerging economies such as India are forecast not to see significant EV sales until the late 2020s.

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Opinion: Is Russia Plotting To Bring Down OPEC?

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Energy is the foundation of Russia, its economy, its government, and its political system. They pose an existential threat to the industry and therefore to the Russian economy: The revenues Russia can earn from its crude and natural gas exports face intense pressure. Natural gas data from Gazprom). The emergence of the U.S.,

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Economic Impact Study Finds Grid-Enabled Vehicle Policies in Electrification Coalition Roadmap Would Result in Substantial Economic Benefit for US

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I believe we are on the cusp of the next great tectonic shift in our economy, one that will transform the way we use energy both in our homes and on the road. Global Demand for Oil. World demand for oil would fall, leading to lower world oil prices. Resilience to Future Price Shocks.

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