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MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

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The report—titled “The Role of China in Mitigating Climate Change” and published in the journal Energy Economics , compares the impact of a stringent emissions reduction policy with and without China’s participation. The researchers argue for a global economy-wide greenhouse gas tax that spreads the burden of responsibility.

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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

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US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. Source: Adeyeye et al.

Renewable 338
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What Are Zero Emission Day and National Drive Electric Week?

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Fast forward to 2008 and Wallace started taking advantage of the internet’s ability to reach vast amounts of people simultaneously. There are four guidelines to follow: Refrain from using or burning oil, gas or coal. According to the US Energy Information Administration: “In 2022, renewable energy sources accounted for about 13.1%

Emissions 123
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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

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The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Delivered energy consumption in the transportation sector grows from 27.2

Gas 199
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Energy Markets in a State of Change. Billion in 2008). M barrels/day of oil within the next 10 years ”.

Financing 150
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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

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Chairman of the Homeland Security and Governmental Affairs Committee, released the details of their long-anticipated energy and climate change legislation on Wednesday, 12 May. According to the recently finalized Inventory of US Greenhouse Gas Emissions and Sinks: 1990-2008 , net US GHG emissions in 2008 were down 2.7%

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CMU Paper: Market-Based Mechanisms for CO2 Reduction Will Be Insufficient to Attain Mid-Century Goals

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cap and trade or a carbon tax) is a likely key part of a US strategy to reduce carbon dioxide (CO 2 ) emissions, such a market-based approach alone will not induce the investments in long-lived technology required to achieve a 50 to 80% reduction in emissions of carbon dioxide by mid-century. For buildings and appliances. Samaras et al.

Market 186