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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

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A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150
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Belfer Center Brief Urges Higher, Stable Energy Prices to Achieve Long-Term Energy Policy Objectives

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The brief concentrates on six topics: climate change policy, carbon capture and storage policy, oil security policy, energy-technology innovation policy, electricity market structure, and infrastructure policy. Climate change policy. Oil security policy. If the price later rose above $90, the tax would disappear.

Energy 150
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Volkswagen Group invested €11.5B (US$12.9B) in R&D in 2014; ongoing focus on electromobility and digitalization of vehicles

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That is why he would like to see “ in Europe in particular, a climate where new technologies are not eyed with suspicion right from the outset ”, but rather a climate “ where innovations are truly welcome. ” Oil will not be as cheap as it is at the moment for ever. The CO 2 limits apply irrespective of fuel prices.

2014 150
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Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

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Two key drivers of EV adoption include climate concerns and oil prices. The potential for reducing carbon emissions by electrifying transportation has caught the attention of local and national government officials across Asia-Pacific due to concerns about the contribution of transportation emissions to climate change.

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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. R&D as above, plus a €3,000/vehicle (US$3,900) purchase subsidy is available for plug-in hybrid and battery electric vehicles. 17% (plug-in hybrid electric vehicles) and 12?17%

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Perspective: Ending Oils Monopolya Blueprint for Mobility Choice

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Volatility hurts us too, for as we’ve learned the price of oil can rise sharply in a short period of time. This means our economic stability is at stake because of our reliance on oil. In fact, four of the last five recessions were started by an oil price spike. [ Source: EIA.

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