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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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Gearing stimulus packages towards decarbonization. The scenarios include detailed projections for transport CO 2 emissions under different conditions, allowing an assessment of the potential impacts of future transport activity on climate change. The scenarios are: Recover. Transport demand still grows, but emissions fall.

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Zero-Emission Truck (ZET) Coalition calls for government to prioritize investments benefiting ZETs

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The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.

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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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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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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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Ricardo responds to electric drive stimulus package

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“But with the twin challenges of mitigating the effects of climate change and increasing energy security, it is all the more important that these efforts are given a clear focus.