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US submits target to cut GHGs by 26-28% from 2005 levels to UNFCCC; doubling the rate of reduction

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The submission—an Intended Nationally Determined Contribution (INDC)—is a formal statement of the US target, announced in China last year, to reduce emissions by 26-28% below 2005 levels by 2025, and to make best efforts to reduce by 28%. per year on average during the 2005-2020 period to 2.3-2.8%

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Nissan cuts CO2 emissions from global corporate activities by 2% in 2013; tracking to 20% by 2016 vs. 2005

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cut in CO 2 during the year puts the company on track to achieve its goal of a 20% reduction by fiscal year 2016, compared to 2005. For example, in Mexico, Nissan is using wind turbines to help run its Aguascalientes plant. Nissan Motor Co.,

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Torc Robotics, Schneider announce pilot to further operationalize Level 4 autonomy for long-haul trucking

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Founded in 2005, Torc has 17 years of experience in pioneering safety-critical, self-driving applications. Torc operates test facilities in Albuquerque, New Mexico, and engineering offices in Austin, Texas, and Stuttgart, Germany.

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Biden authorizes release of more than 180M barrels of oil from Strategic Petroleum Reserve; 1M bpd for 6 months

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2005 Hurricane Katrina Sale. In August 2005, Hurricane Katrina caused massive damage to oil production facilities, terminals, pipelines, and refineries in the Gulf of Mexico. President George W. Bush authorized a drawdown of 30 million barrels (15 million barrels each of sweet and sour).

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Nissan FY 2014 global corporate activities reduce CO2 emissions by 22.6% compared to FY 2005

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cut in CO 2 when compared to fiscal year 2005, thus achieving its goal to reduce CO 2 emissions from corporate activities by 20% during that period. Nissan Motor Co., The company achieved a 22.6% In all, the use of clean energies accounted for 68% of the production at the Aguascalientes A1 Plant.

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Mazda and Sumitomo to establish vehicle production plant in Mexico and sales company in Brazil

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Mazda Motor Corporation has signed formal agreements and begun preparations to establish a Mazda vehicle production facility in Mexico and a sales company in Brazil, in alliance with Sumitomo Corporation. It will be constructed in Salamanca city, Guanajuato state, 250 kilometers northwest of Mexico City. million units.

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BP approves revamped $9B Mad Dog Phase 2 project in the deepwater Gulf of Mexico; down from original $20B cost

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BP discovered the Mad Dog field in 1998—one of BP’s largest discoveries in the Gulf of Mexico to date. Field production began in 2005 from the initial Mad Dog development, which included a truss spar floating platform equipped with facilities for simultaneous production and drilling operations.

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