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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa.

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Global Carbon Project: Global carbon emissions growth slows, but hits record high

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Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. growth in 2017. increase in carbon dioxide emissions for 2019.

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GM secures all energy needed to achieve renewable energy goal for 2025; 25 years ahead of target set in 2016

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By achieving this accelerated goal, GM expects to avoid the production of an estimated 1 million metric tons of carbon emissions that would have been produced between 2025 and 2030, equal to the emissions produced by burning 1 billion pounds of coal. Sourcing renewable energy is a critical component of GM’s plans to decarbonize.

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Neste: use of our renewable fuels reduced global climate emissions by 8.3 million tons in 2017

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Replacing fossil fuels with Neste’s renewable fuels reduced global climate emissions altogether by a 8.3 billion kilograms—in 2017, according to calculations made by the company. The amount of greenhouse gas emissions saved with Neste’s renewable fuels—primarily Neste MY Renewable Diesel—increased by 1.6

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Global Bioenergies plans to acquire Dutch start-up Syngip; gaseous carbon feedstocks for renewable isobutene process

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Global Bioenergies, the developer of a process to convert renewable resources into light olefin hydrocarbons via fermentation (with an initial focus on isobutene) ( earlier post ), signed a contribution agreement with the shareholders of Syngip B.V. to transfer all Syngip shares to Global Bioenergies S.A. Earlier post.)

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California trucking firm switches fleet of 600+ trucks to Neste renewable diesel

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Ecology, a transportation and logistics company in California, has switched its fleet of more than 600 trucks to run on Neste MY Renewable Diesel and is reporting cleaner fuel filters, fewer maintenance problems and reductions in tailpipe emissions. Neste MY Renewable Diesel reduced climate emissions by 8.3

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Global Carbon Project reports global CO2 emissions suddenly on the rise after 3-year hiatus; need for reducing uncertainties

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Global emissions of carbon dioxide from burning fossil fuels have risen again after a three year hiatus, according to new analysis from the Global Carbon Project ( GCP ). The data point to China as the main cause of the renewed growth in fossil emissions, with a projected growth of 3.5%. —Peters et al.

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