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Why EVs Aren't a Climate Change Panacea

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In states (or countries ) with a high proportion of coal-generated electricity, the miles needed to break-even climb more. According to Birol, “IEA analysis shows that about half the reductions to get to net zero emissions in 2050 will need to come from technologies that are not yet ready for market.”

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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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In the non-road sectors, which collectively account for 95% of carbon emissions from energy use, 81% of emissions are untaxed, and rates are below a truly low-end estimate of climate costs of EUR 30 per tCO 2 for 97% of emissions. —“Taxing Energy Use 2018”. —“Taxing Energy Use 2018”.

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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. Coal accounted for over 40% of the overall growth in global CO 2 emissions in 2021, reaching an all-time high of 15.3 billion tonnes.

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Perspective: The Role of Offsets in Climate Change Legislation

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This article shows that including offsets in climate change legislation would likely make an emissions program more cost-effective by: (a) providing an incentive for non-regulated sources to generate emission reductions; and (b) expanding emission compliance opportunities for regulated entities. 3) Measurement.

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MIT researchers conclude fundamental changes in the US energy-innovation system are needed to meet challenges of climate change and energy supply

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A three-year study by a team of researchers based at MIT has concluded that fundamental changes are needed in the US energy-innovation system. The build-up of greenhouse bases in the atmosphere continues unabated, and its environmental and human costs are mounting. Innovation should become that focus. —Richard Lester.

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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

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IEA: governments must act to ensure sufficient supply of critical minerals to meet net-zero goals

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Not only is this a massive increase in absolute terms, but as the costs of technologies fall, mineral inputs will account for an increasingly important part of the value of key components, making their overall costs more vulnerable to potential mineral price swings. Enhance supply chain resilience and market transparency.

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