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Study finds global oil demand likely to grow despite pandemic, climate policies

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Many climate-related policies were already in place around the world prior to COVID-19, and the pandemic has accelerated the adoption of additional measures, but these interventions may not achieve their goal of reducing oil demand, according to the report. Lines represent global oil demand by study scenario.

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ITF: worldwide transport activity to double by 2050, emissions to rise 16% compared to 2015

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This would require: Putting in place ambitious low-carbon policies now; Reinforcing positive behavioral changes caused by the pandemic; and. Gearing stimulus packages towards decarbonization. In the Recover scenario, the international community falls well short of its agreed climate goals. The scenarios are: Recover.

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ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

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The mean cost of cost of climate change for the four countries—Indonesia, Philippines, Thailand, and Viet Nam—under a “business-as-usual” scenario and if market and non-market impacts and catastrophic risks are all considered could be equivalent to losing 6.7%

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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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It recommends that these should be a central part of the recovery packages of the G7 countries, which together should increase their annual investment by 2% of GDP, or $1 trillion, compared to pre-pandemic levels. The report highlights the potential for investments in zero-emissions energy and transport to create new jobs and economic growth.

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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During the Global Financial Crisis in 2008/9, the COVID19 pandemic, and now the Ukrainian War, economic stimulus packages were meant to put the world on a cleaner and greener path, but this is not at all evident in the CO 2 emissions data. —Glen Peters, a Research Director at the CICERO Center for International Climate Research.

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The Summit On Clean Tech Law & The New Energy Policy

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All the details after the jump- In the civilized world, unprecedented efforts are being made globally to deal with climate change – almost all of which is directly traceable to the use of “dirty&# technologies. Stimulus Package allocated for renewables?

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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

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The report’s authors, Max von Bismarck and Anuradha Gurung from the World Economic Forum, and Chris Greenwood and Michael Liebreich from New Energy Finance, argue that “ enormous investment in energy infrastructure is required to address the twin threats of energy insecurity and climate change.

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