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Stanford launches major new natural gas research initiative

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Idle natural gas import terminals are being retooled to export liquefied natural gas to Asia and Europe, which is looking to lessen its dependence on Russia for natural gas. Shrock Professor of Sedimentary Geology at Indiana University, Ritts is a National Science Foundation CAREER grant recipient, and an expert on oil and gas exploration.

Gas 150
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The 15 th Congress, also known as the 15 th Conference of Parties, or COP 15, was initially intended to be a largely procedural summit, with many major negotiating points settled and most environmental ministers prepared to sign a binding emissions treaty that contained specific emissions targets as well as commitments to financing structures.

Climate 236
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Study recommends $10B/year US federal investment in energy RD&D and a substantial price on carbon emissions; leveraging the national labs and encouraging the private sector for a clean energy future

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The recommendations come with the release of report on the findings of the ERD3 project, which was funded by a grant from the Doris Duke Charitable Foundation with the goal of producing and promoting a comprehensive set of recommendations to help the US administration accelerate the development and deployment of low-carbon energy technologies.

Energy 231
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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The new reality is a much more challenging future in terms of planning, financing and predictability. —Jonathan Grant, director, sustainability and climate change, PwC. E7 economies—the BRICs (Brazil, Russia, India and China), and Indonesia, Mexico and Turkey. —PwC report.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Renewables increase from 13% of the mix today to 18% in 2035; the growth in renewables is underpinned by subsidies that rise from $64 billion in 2010 to $250 billion in 2035, support that in some cases cannot be taken for granted in an age of increasing fiscal austerity.

Oil 247