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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. by Brian J.

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PBL analysis finds that resources are not depleted, but expensive; badly functioning markets and wrong policies

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This scarcity, however, has little to do with stock depletion; badly functioning markets and wrong policy reactions play a particularly important role, according to a new analysis by the PBL Netherlands Environmental Assessment Agency. Thus, high energy prices lead to high food prices, as transport and fertilizers become more expensive.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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There were seven billion-dollar-plus financings of offshore wind projects, boosting the investment totals for the Netherlands, the UK and Germany. Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. billion set in 2011.

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