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Belfer Center Brief Urges Higher, Stable Energy Prices to Achieve Long-Term Energy Policy Objectives

Green Car Congress

The US government must place an initial price on US greenhouse-gas emissions, either through a cap-and-trade mechanism or a tax. Oil security policy. With oil prices set in a global market, the degree of US economic vulnerability is proportional to its total oil dependence, not just import dependence.

Energy 150
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CSIRO and partners to test Direct Injection Carbon Engine to reduce brown coal emissions by up to 50%

Green Car Congress

CSIRO notes that the idea of using a coal engine to generate electricity is not new; it was successfully investigated in the US some 20 years ago for use in diesel locomotives before development was terminated by persistently low oil prices.

Coal 257
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BNEF forecasts EVs to hit 54% of new car sales by 2040; decreasing importance of PHEVs

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The forecast, put together by the advanced transport team at BNEF, relies on likely future reductions in price for lithium-ion batteries and of prospects for the other cost components in EVs and internal combustion engine vehicles. Since 2010, lithium-ion battery prices have fallen 73% per kWh.

PHEV 170
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KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

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Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with 64% predicting crude prices to exceed $121 per barrel. Only 35% think current crude prices are near the high they expect for oil this year, predicting the peak will be between $111 and $120 per barrel.

Oil 225
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BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

Green Car Congress

The fortunes of alternative energy have historically waxed and waned with the price levels of oil, gas, and other energy sources, rising when prices are high only to fall once they retreat. Base case economics for EVs in North America are very challenging, absent significant disruption in oil price or battery cost.

Solar 295
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Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

Green Car Congress

Volatility hurts us too, for as we’ve learned the price of oil can rise sharply in a short period of time. This means our economic stability is at stake because of our reliance on oil. In fact, four of the last five recessions were started by an oil price spike. [ In short, we need mobility choice.

Oil 255
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Refiners and Truckers Associations Challenge California LCFS in Federal Court

Green Car Congress

It will protect us from volatile oil prices and provide consumers with cleaner fuels and provide the nation with greater energy security. Instead of fighting us in court, they should be working with us to provide consumers in California and the rest of the nation with the next generation of cleaner fuels. LCFS Complaint.