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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

Green Car Congress

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. ” The team suggests that this may be the last extension for the credit.

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

Electric power generation from renewables is bolstered by legislation enacted at the beginning of 2013 extending tax credits for generation from wind and other renewable technologies. T he Brent crude oil spot price declines from $112 per barrel (bbl) (in 2012 dollars) in 2012 to $92/bbl in 2017.

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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

The generation share from renewable resources increases from 11% in 2009 to 14% in 2035 in response to Federal tax credits in the near term and State requirements in the long term. Natural gas also plays a growing role due to lower natural gas prices and relatively low capital construction costs that make it more attractive than coal.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 Additional highlights of the 9 th annual Global Trends in Renewable Energy Investment 2015 report include: China saw by far the biggest renewable energy investments in 2014—a record $83.3

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Nissan’s Big Gamble

Revenge of the Electric Car

The best thing about the Nissan is the expected price range of $25K- $34K. This is before the $7,500 federal tax credit. The gamble is that Nissan could grab the EV market and dominate it until BYD (China) enters the U.S., It also plans an electric-vehicle plant for Europe and is studying a plant for China.

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