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Opinion: Oil Price War May Benefit both US Shale and Saudi Arabia

Green Car Congress

Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? After the oil price crash in 1985, it took almost twenty years for prices to revert to previous levels.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

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Study finds government and vehicle manufacturers need to introduce long-term incentives and prices cuts to create sustainable market for ultra-low emission vans

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Element Energy used a component-based cost model to estimate the current and future costs of conventional and novel powertrains based on peer-reviewed data—e.g., on batteries and fuel cell costs trends and the costs of vehicle mass reduction. Fuel cell system cost projections over time and volume.

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IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

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The cost of fossil-fuel subsidies has been driven up by higher oil prices; they remain most prevalent in the Middle East and North Africa, where momentum towards their reform appears to have been lost. Despite the growth in low-carbon sources of energy, fossil fuels remain dominant in the global energy mix, supported.

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Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

Green Car Congress

Oil is a strategic commodity second to none—it underlies the global economy and even the American way of life. 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. [

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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

Whether this interest translates into sales beyond the initial “early adopter” market will depend on initial consumer experience with these early vehicles, and on how that experience is communicated and perceived by the rest of the car buying public. —One Million Electric Vehicles by 2015. One Million Electric Vehicles by 2015.

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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

Crane also mentioned that one-quarter to one-third of the cost of a battery system is the packaging, integration and electronics. How did the high fuel prices impact customer behavior in 2008? A $1 change in gas prices can lead to a 4-6% shift in take rates (i.e. How much does it cost to save weight? Storage Temperature.

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