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Crypto’s Slow Motion Gold Rush

Cars That Think

In April, 46 percent of all mining took place in China, according to data from the Cambridge Centre for Alternative Finance. Combined with a rally in the price of Bitcoin starting in June, the ban prompted a scramble to set up whole new operations or relocate mining chips stranded in China.

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

Green Car Congress

One casualty of the oil price downturn could be the megaproject. The collapse of oil prices, however, could kill off the megaproject. That is a feature that is hard to overemphasize in today’s oil pricing environment. Maintaining access to finance can come at a price. by Nick Cunningham of Oilprice.com.

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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

Green Car Congress

But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. If, between 2011 and 2015, investment in the MENA region runs one-third lower than the $100 billion per year required, consumers could face a near-term rise in the oil price to $150/barrel. Click to enlarge. Electric vehicles.

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