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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 researchers argue for a global economy-wide greenhouse gas tax that spreads the burden of responsibility. The researchers tested various levels of emission reduction plans—a global carbon tax of $10, $30 or $50. The various taxes would slow warming to 3.5,

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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. Nuclear was not included in the analysis.

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. Wallace came up with the idea to give the earth one day free from fossil fuel emissions. of total U.S.

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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After falling 3% in 2008 and nearly 7% in 2009, largely driven by the economic downturn, energy-related CO 2 emissions do not return to 2005 levels (5,980 million metric tons) until 2027. Coal remains the dominant energy source for electricity generation because of continued reliance on existing coal-fired plants.

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

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Ed Feo is a partner with the law firm of Milbank, Tweed, Hadley & McCloy and was voted one of the “Five Most Influential People in Renewable Energy” in 2008 by Euromoney / Institutional Investor. We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” Billion in 2008). Billion vs. $28.3

Financing 150
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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. Samaras et al. per gallon.

Market 186
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Biosyncrude Gasification Process Could Produce Motor Fuel at Cost of Around $3/gallon

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gallon US) without tax for conventional motor fuel. Furthermore, given the limitations on biomass conversion to biosynfuel, the FZK team sees an ongoing role for coal and natural gas derived synthetic fuels, likely combined with BTL in very large integrated XTL complexes. With ±30% estimate error, this is between €0.56 per liter (US$2.72-5.03/gallon

Cost Of 150