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MITEI releases report on 3-year study of future mobility; technological innovation, policies, and behavioral changes all needed; “car pride” an issue

Green Car Congress

The report is the culmination of MITEI’s three-year Mobility of the Future study, which is part of MIT’s Plan for Action on Climate Change. areas of inquiry: The potential impact of climate change policies on global fleet composition, fuel consumption, fuel prices, and economic output.

Future 269
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$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

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OPEC says that $10 trillion worth of investment will need to flow into oil and gas through 2040 in order to meet the world’s energy needs. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion. But demand growth slows thereafter: 3.5

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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change.

Power 52
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Separate MIT, IEA reports both outline major expansion in role of natural gas; caution on climate benefits

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World primary energy demand by fuel in the IEA high gas scenario. Separately, the International Energy Agency (IEA) released its own report exploring the potential for a “golden age” of gas. Both reports also emphasized that although natural gas is the lowest carbon fossil fuel, it is still a fossil fuel. Source: IEA.

MIT 210
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GWU team demonstrates one-pot process for optimized synthesis of controlled CNTs from CO2; coupling cement and C2CNT

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This synthesis consumes only CO 2 and electricity, and is constrained only by the cost of electricity. Molten carbonate electrosynthesized boron-doped CNTs exhibit high electrical conductivity. Until recently, CNTs had not been produced at low energies, nor had they been produced in high yield from CO 2.

CO2 150
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Berkeley study finds renewable portfolio standards insufficient to meet 2030 GHG emission targets; new policy required

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One possible scenario for the electricity system in the Western US in 2026-29. Under a range of resource cost scenarios, most coal power plants would be replaced by solar, wind, gas, and/or nuclear generation, with intermittent renewable sources providing at least 17% and as much as 29% of total power by 2030. Click to enlarge.

Renewable 231
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House Chairmen Waxman, Markey Release Draft of Energy and Climate Legislation; Among the Many Provisions Are Cap-and-Trade, Harmonization of CAFE and California Vehicle Regulations, and Low Carbon Fuel Standard

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Among the direct transportation-related provisions in the extensive package are a low-carbon fuel standard for all transportation fuels; financial support for large scale demonstrations of electric vehicles; and financial support for automakers retooling plants to make electric vehicles.

Climate 186