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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

KPMG developed 3 nexuses linked by climate change to represent the challenges of sustainable growth. KPMG International is hosting the event, in cooperation with the UN Global Compact (UNGC), the World Business Council for Sustainable Development (WBCSD) and the United Nations Environment Programme (UNEP). Source: KPMG.

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GSI/UNEP conference report finds fossil-fuel subsidy reform complex and challenges sobering; ~1% of global GDP spent on fossil-fuel subsidies

Green Car Congress

In 2008, a report by UNEP called for the elimination of fossil-fuel subsidies, concluding that such subsidies often lead to increased levels of consumption and waste; place a heavy burden on government finances; can undermine private and public investment in the energy sector; and do not always end up helping the people who need them most.

Fuel 240
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Subsidies that encourage wasteful consumption of fossil fuels jumped to over $400 billion. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. —WEO 2011.

Oil 247
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Opinion: Blaming Rising Fuel Prices on High Temps is Dumb

The Truth About Cars

It’s often the key argument for why you’re paying more at the pump — apparently, it’s all about climate change.& And consumers are suffering the consequences as gas prices rise, a development that threatens to undo some of the progress made on the inflation front across the economy. It would be shocking to learn otherwise.

Price 82