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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Recent news coming out of Russia, however, suggests that the era of US dollar dominance could be coming to an end, due to increasing competition from the world''s second largest economy and primary consumer of commodities, China. China and Russia have been furiously signing energy deals that indicate their mutual energy interests.

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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

Green Car Congress

The alternative scenario assumes that Asia’s fast-growing economies—the PRC, India, Indonesia, and Viet Nam—will fall into the middle income trap of slowing growth rates and stagnating income levels over the next 5 to 10 years. The draft report overview was prepared specifically for ADB’s 2011 Annual Meeting.

Asia 186
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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

The AlixPartners 2011 Automotive Outlook finds that while automakers and suppliers have seen profits bounce back—North American original equipment manufacturers (OEMs) posted $12.5 million units in 2011 and only 13.6 pickup sales for 2011 are estimated to reach only 1.7 billion in 2010 profit on a net margin of 4.6%

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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

The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. —WEO 2011. —WEO 2011. Click to enlarge. billion in 2035.

Oil 247
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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

And oil only seems cheap. If we can again succeed like that, in a decade, we’ll look back and know that we got a great deal: safer, healthier, better lives, an economy no longer held hostage to petro-dictatorships and blindered, monopolistic companies, and a significant response to climate change.

Oil 252
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Naysayer Alert – the hydrogen red herring

My Electric Car

Hence its supply would not be cheap, renewable nor sustainable in the long term. 2011,p66) [3] and Tesla’s Elon Musk has called the concept of hydrogen FCEVs as “incredibly dumb” [5]. 2011) Bottled Lightning: super batteries, electric cars and the new lithium economy. John Murray. Tillemann,L., Simon & Schuster.

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Why Are Modern Vehicles So Much Bigger?

The Truth About Cars

Safety standards have required the implementation of systems that often won’t fit into older/smaller designs and loopholes in the Corporate Average Fuel Economy (CAFE) standards have resulted in manufacturers sizing up models to exploit regulatory blind spots. Starting in 2011, the U.S. Starting in 2011, the U.S.