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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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Former president of Shell Oil calls for aggressive action on alternative fuels to break oil monopoly on transportation

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John Hofmeister, former President of Shell Oil Company and founder and CEO of Citizens for Affordable Energy (CFAE), is joining the Fuel Freedom Foundation (FFF) Advisory Board. There will not be enough oil to stay on the path we’re on globally over the short- and medium-, let alone the long-term. We need a competitor for oil.

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Navigant Research: plug-in electric vehicles close to becoming leading alternative fuel platform, best positioned to lead future

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This long-term growth is expected to be propelled by improving vehicle technology economics—a function of battery innovations, government transportation energy policies, oil price projections, and movements to price carbon. —Scott Shepard, senior research analyst with Navigant Research.

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EIA: China promoting both fuel efficiency and alternative-fuel vehicles to curb growing oil use

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Increasing oil demand is requiring increasing imports; since 2009, China has been importing more than half of its petroleum needs. The government plans to invest an estimated $15 billion in alternative-fuel vehicles during the next 10 years. China Electric (Battery) Fuel Efficiency Oil Policy'

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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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Well-to-Propeller GHG emissions results for marine alternative fuels. DNV GL has released a position paper on the future alternative fuel mix for global shipping. The global merchant fleet currently consumes around 330 million tonnes of fuel annually, 80-85 per cent of which is residual fuel with high sulfur content.

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Rasmussen Poll Finds 48% Likely To Buy Alternative Fuel Car Within Next 10 Years

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A new Rasmussen poll found that 48% of Americans are likely to purchase a car that runs on something other than gasoline within the next ten years; 45% say they are not likely to purchase an alternative fuel car. Within those findings, 22% say will very likely purchase an alternative fuel car, with 13% not at all likely.

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2019 NTEA Fleet Purchasing Outlook reveals continued strong demand for biodiesel in diesel trucks

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For the third time in four years, surveyed fleets named biodiesel as their top alternative fuel choice both for current use and future interest. Survey participants named biodiesel as their top alternative fuel choice at 16%. Additionally, biodiesel was named as their top choice for future interest at 14%.

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