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Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.

Oil 259
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Report Finds that GHG Reductions of More Than 50% from Projected BAU Levels by 2050 from Aviation and Marine Transportation Sectors Are Possible

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Global GHG mitigation potential from aviation and marine transportation. Aviation and marine transportation combined are responsible for approximately 5% of total GHG emissions in the United States and 3% globally and are among the fastest growing modes in the transportation sector. Source: McCollum et al.

Mariner 199
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Study: natural gas heavy-duty trucking fleet could benefit economy, but has mixed environmental effects

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Switching from diesel fuel to natural gas may hold advantages for the US heavy-duty trucking fleet, but more needs to be done to reach the full environmental benefits, according to a new white paper released by the Institute of Transportation Studies at the University of California, Davis, and Rice University.

Gas 150
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UPS Adopts Plan to Cut Its Airline Carbon Emissions An Additional 20% by 2020; Biofuels Part of the Plan

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Jet A fuel is the leading source of UPS global enterprise CO 2 emissions at 52.6%, followed by diesel at 32.7%. four-million-square-foot heart of UPS’s global air network. customers rely on the transportation and logistics industry as part of their supply chains. UPS Chairman and CEO Scott Davis. —UPS MMT in 2007.customers

2020 150
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Harmonizing Low Carbon Fuel Standards

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Harmonizing fuel programs between state, federal, and foreign jurisdictions is useful to ensure the optimum reduction of greenhouse gas (GHG) emissions. —Low Carbon Fuel Standard 2011 Program Review Report. —Low Carbon Fuel Standard 2011 Program Review Report. The harmonization of LCFS programs is not without risks.

Carbon 244
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Mixed Outlook for Mainstream Consumer Adoption of PHEVs

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Dr. Ken Kurani from the UC Davis Institute of Transportation Studies (ITS) presented results from the latest in a series of electric drive consumer studies seeking to learn from consumers whether or not PHEVs are a good idea. Our history with alternative fuels has been truly awful.” Steve Plotkin. Steven Plotkin.

PHEV 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Other than the good news on oil consumption, very little was said in regards to transportation fuels. Renewables account for approximately 10-15% of the global energy infrastructure investment and according to New Energy Finance renewables have been hit hard by the global recession with a 47% in Q1 2009 vs. Q1 2008 ($13.3

Financing 150