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IEA March Oil Market Report revises 2015 demand forecast upward

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mb/d for the current quarter, according to the IEA Oil Market Report for March. IEA raised its forecast of demand growth for all of 2015 by 75 kb/d to 1.0 expected US crude supply, raising the 2015 North American outlook. The slightly higher demand forecast has raised the “call” on OPEC crude for the second half of 2015 to 30.3

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ITF: worldwide transport activity to double by 2050, emissions to rise 16% compared to 2015

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According to the ITF Transport Outlook 2021 , the biennial flagship report of the International Transport Forum, a sister organization of the OECD, global transport activity will more than double by 2050, and traffic emissions will rise by 16% compared to 2015 even if existing commitments to decarbonize transport are fully implemented.

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JRC: 76.5% of world’s population in urban areas as of 2015

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The focus of the Atlas of the Human Planet 2019 is on key urbanization and human settlements figures and commented global analysis over 40 years’ time (1975 – 2015). In 2015, 76.5% Urban centers have almost doubled in number (from more than 6,900 in 1975 to more than 13,100 in 2015) and their population size has also grown.

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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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Toyota continues prepare the market for fuel cell vehicle in 2015

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Toyota Motor continues to lay the foundation for the introduction of its production fuel cell hybrid vehicle in 2015; the company began work on fuel cell technology in 1992. For a full-scale market launch in 2015, the cost of the fuel cell system will be 95% lower than that of the 2008 Toyota FCHV-adv, Tanaka said. (A

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Rheinmetall expects to win €22M order for aluminum pistons for the North American market

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The pistons unit of the technology group Rheinmetall expects to win a significant order for piston systems from a major international automaker. The system is destined for the four-cylinder gasoline engine of a new line of passenger cars made by the automaker for the North American market. LiteKS piston. LiteKS piston.

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Updated Roland Berger Li-ion study forecasts auto Li-ion battery market of more than US$9B by 2015; massive overcapacity and market consolidation

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Roland Berger forecasts for LiB market size by vehicle class (left) and region (right). In light of recently presented or announced vehicle models with electric, hybrid or plug-in-hybrid drives (xEV), Roland Berger experts expect the global LiB market to grow from US$1.5 Market consolidation therefore looks certain.

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