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IIASA: removing fossil fuel subsidies will not reduce CO2 emissions as much as hoped

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Fossil fuel subsidies amount to hundreds of billions of dollars worldwide, and removing them has been held up as a key answer to climate change mitigation. However, the study found that the growth of CO 2 emissions by 2030 would only be 1-5% lower than if subsidies had been maintained, regardless of whether oil prices are low or high.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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North America. North America continues to be an impetus to global light vehicle demand levels. IHS Automotive projects regional light vehicle sales volume in North America to hit more than 20 million units in 2015, up 2.5% South America. from last year. million units. The year preliminarily closed with 5.34

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Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

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Of course, other countries benefit from this fact, with about $900 million flowing out of the US to buy foreign oil every day, and about 40% of that going to OPEC. [ As a result, America continues to be entangled with unfriendly or shaky regimes, which compromises the safety of our troops and our foreign policy objectives. Source: EIA.

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Perspective: Government Leadership Needed for Electric Vehicles to Succeed

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That’s where government comes in.only the government can help influence [change] by having a price for carbon and technical incentives. ”. Mr. Immelt’s point is that the spike in oil prices to $147/barrel in 2008 is not enough on its own to get automakers to make electric vehicles.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Pike projects that the Americas will account for 71% of global biofuels production. The report identifies a number of key trends, including: Oil prices are expected to climb over the next decade, driving increased interest in.

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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas. tonnes per capita. the United States (16%).

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Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

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Nor does this estimate include the use of transportation fuels in vehicles, which occurs throughout North America (NA); approximately two-thirds of oil sands products end up in the US. All told, they wrote, the well-to-wheel (WTW) emissions of oil sands products constitute roughly 2% of total emissions in Canada and the US.

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