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UPS to invest $130M in > 700 natural gas vehicles and infrastructure; > $1B invested in alt fuels since 2008

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UPS will have invested more than $1 billion in alternative fuel and advanced technology vehicles and fueling stations from 2008 through 2018. Carlton Rose, president, global fleet maintenance and engineering for UPS. in Vancouver, Canada, and Tamworth, United Kingdom. and Salt Lake City, Utah.

2008 170
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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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A new report from the MIT Joint Program on the Science and Policy of Global Change shows the importance of all major nations taking part in global efforts to reduce emissions—and in particular, finds China’s role to be crucial. With no global policy, the increase in warming is projected to be about 5.5 °C.

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Pew: global clean energy investment reached record $243B in 2010

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Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. The United States, which had maintained the top spot until 2008, fell another rung in 2010 to third with $34 billion. Germany accounted for 45% of global solar investments. Click to enlarge.

2010 236
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EDF launches subsidiary Hynamics to produce and to market low-carbon hydrogen

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France-based global energy generator EDF has launched Hynamics , a new subsidiary for the Group that will be responsible for offering effective low-carbon hydrogen for industry and mobility. stake in McPhy, a manufacturer and marketer of electrolysers and a player committed to low-carbon hydrogen since its creation in 2008.

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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

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However, even with increases in 2010 and 2011, projected CO 2 emissions in 2011 are lower than annual emissions from 1999 through 2008. This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year.

2008 186
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UN report finds world needs incremental $1.9 trillion invested in green technologies to avert planetary catastrophe; global per capita cap on primary energy consumption of 70 GJ/yr may be required

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It is rapidly expanding energy use, mainly driven by fossil fuels, that explains why humanity is on the verge of breaching planetary sustainability boundaries through global warming, biodiversity loss, and disturbance of the nitrogen-cycle balance and other measures of the sustainability of the earth’s ecosystem.

Global 338
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Shell launches commercial operation of Quest carbon capture and storage in Alberta oil sands

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Quest was made possible through strong collaboration between the public and private sectors aimed at advancing CCS globally. As part of its funding arrangements, Shell is publicly sharing information on Quest’s design and processes to further global adoption of CCS. Shell is involved in a slate of CCS projects worldwide.

Oil-Sands 150