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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. As a result, investment decisions are becoming increasingly complex.

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Feature: Top 6 Reasons Why an EV Is the Right Choice

Clean Fleet Report

One of the reasons behind the drastic increase in sales was the more affordable price range of the Tesla Model 3, a best-seller in the U.S., Say Goodbye to Fuel Costs. A small margin in the market drastically affects the cost of fuel and its availability. Tesla’s Model 3 paved the way to powerful, affordable EVs.

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Volkswagen Group now planning 22M EVs in ten years; 70 new electric models by 2028

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The conversion of the power station in Wolfsburg from coal to gas will reduce CO 2 emissions by 1.5 The cost of e-mobility can be significantly lowered through partnerships to enable the widest possible spread of the MEB and the associated economies of scale. Mobile AG recently announced at the Geneva International Motor Show.

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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However, the financial cost of the shift is causing concern. These costs are primarily borne by consumers. Our aim is to achieve a sustainable energy system with secure supplies and affordable electricity. More than 90% cite affordability and security of supply as the biggest challenges to a successful energy transition.

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Must Read 40+ Electric Vehicle Interview Questions & Answers

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An electric vehicle is a type of vehicle that uses one or more electric motors for propulsion instead of an internal combustion engine that runs on fossil fuels like gasoline or diesel. BEVs do not have an internal combustion engine and produce zero tailpipe emissions. . #2 What are electric vehicles and what are their classifications?

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Why Schools Should Electrify Their Bus Fleets

Blink Charging

While it’s obvious that the internal combustion engine vehicles are polluting the air outside the buses, what you may not know is that numerous studies show that the pollution from the burning diesel regularly makes its way into the buses.

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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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billion, as the world’s population grows and more people in developing economies are able to afford cars. Hybrids, which combine an internal combustion engine and an electric motor, are expected to account for about half of global new-car sales by 2040, as they become increasingly cost-competitive compared to conventional vehicles.

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