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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

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To counter this trend triggered by China’s rapid motorization, the Chinese government is adopting a broad range of policies, including improvements in the fuel economy of new vehicles and the promotion of alternative-fuel vehicles, EIA notes. l/100 km) by 2015 and 47 miles per gallon (5.0 Source: EIA. Click to enlarge.

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Toyota to launch its fuel cell vehicle in Japan before April 2015, priced around $68,700; reveals exterior

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Toyota’s Mitsuhisa Kato briefs the media in Japan on the timing and pricing of the FCV, and outlines the company’s view of the role of fuel cell vehicles. Toyota Motor Corporation revealed the exterior design and Japan pricing of its hydrogen fuel cell sedan, first unveiled as a concept at the Tokyo Motor Show last year.

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Westport and Fuel Systems Solutions to merge; alternative fuel vehicle and engine company with expanded reach

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and Fuel Systems Solutions, Inc. have entered into a merger agreement to create a premier alternative fuel vehicle and engine company. Following closing, existing Westport shareholders will hold approximately 64% of the combined company and Fuel Systems shareholders 36% of the combined company on a fully diluted basis.

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Navigant: sales of light duty vehicles to total more than 2.1 billion from 2015 to 2035

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billion from 2015 to 2035. million vehicles in 2015 to 122.6 Navigant expects the vast majority of growth in the LDV market over the forecast period to come from developing countries in Asia Pacific, specifically China and India. Navigant forecasts global annual LDV sales to grow from 88.8 million in 2035.

2015 150
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DOE to fund development of processes to aggregate purchases of alt-fuel and advanced vehicles; goal is cost reduction and accelerated adoption

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DOE plans ( DE-FOA-0001236 ) to issue in the February 2015 timeframe a funding opportunity (DE-FOA-0001237) to develop and to implement effective purchasing/procurement processes designed to coordinate and consolidate bulk alternative fuel vehicle and advanced vehicle orders and thus reduce the per-unit prices of commercially-available vehicles.

Purchase 199
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Toyota to debut 2 BEVs, 1 PHEV for US this year; says research shows BEVs & PHEVs have similar environmental benefits

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Toyota Motor North America (TMNA) plans to debut three new electrified models—two BEVs and a PHEV—in the US market this year. Toyota currently has more than 40% share of the total alternative fuel vehicle market, which includes a 75% share of the fuel cell market and a 64% share of hybrids and plug-ins.

PHEV 305