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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

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Total PEV sales in Asia-Pacific. According to a new report from Pike Research, the various national-level initiatives and programs to promote the awareness of electric vehicles (EVs) in the Asia-Pacific region will help make the region the largest market worldwide for electrified vehicles, led by strong demand in China, Japan, and Korea.

Asia 236
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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

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A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150
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Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

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A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.

Plug-in 218
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US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

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billion metric tons in 2015 and 40.4 Total world energy use rises from 472 quadrillion British thermal units (Btu) in 2006 to 552 quadrillion Btu in 2015 and then to 678 quadrillion Btu in 2030. World oil prices have fallen sharply from their July 2008 high mark. billion metric tons in 2006 to 33.1 percent per year.

2006 150
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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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At the same time, oil—and gas—import dependency in the US is likely to fall to levels not seen since the 1990s, because of improved fuel efficiency and the increased share of biofuels. Global consumption growth is also impacted by higher oil prices in recent years and a gradual reduction of subsidies in oil-importing countries.

Energy 210
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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

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Under the central New Policies Scenario, automotive sales in non-OECD markets exceed those in the OECD by 2020, with the center of gravity of car manufacturing shifting to non-OECD countries before 2015. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. —WEO 2011.

Oil 247