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Global billionaires unite in “Breakthrough energy coalition” to support development of zero-carbon energy

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As the UN climate conference COP21 opened in Paris, Bill Gates announced the formation of the “ Breakthrough energy coalition ”, an investment grouping of global billionaires focused on developing the technologies that will create a new zero-carbon energy mix. Aliko Dangote, Founder and Chief Executive, Dangote Group, Nigeria.

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ExxonMobil brings Kearl oil sands expansion online ahead of schedule; overall capacity doubling to 220K barrels per day

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wt% Conradson carbon, making it an attractive coking crude. Furthermore, Alberta stated that any EPEA approval that may be issued for the KOS Project may require Imperial Oil to reach its stated GHG intensity target of 40 kilograms (kg) of carbon dioxide equivalent (CO2e) per barrel. Kearl has an API gravity of 22.6 wt% sulfur and 8.9

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Low-lying and other vulnerable countries calling for fast action on non-CO2 global warming pollutants

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Led by the tiny Pacific island of the Federated States of Micronesia, a growing group of low-lying islands and other vulnerable countries are calling for fast action on the approximately 50% of global warming that is caused by pollutants other than carbon dioxide (CO 2 ). million lives lost each year due to black carbon soot.

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GE study finds 5% of worlds natural gas production wasted per year by flaring

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Although Nigeria has reduced flare gas emissions by 28% from 2000 levels, the country’s oil industry still wastes 15bcm of natural gas every year. —David Victor, director of the Laboratory on International Law & Regulation at the University of California San Diego. GE Energy Flare Gas Reduction Study.

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IHS CERA meta-analysis finds lifecycle GHG emissions for fuel produced solely from oil sands crude average 11% higher than from average crude refined in the US; high variability

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When the oil sands products refined in the United States are considered—a mixture of oil sands and lower-carbon blending components—the GHG emissions are, on average, 9% higher than the average crude processed in the US. Variability. IHS CERA compared 12 sources in its meta-analysis.

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