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Surrey team developing direct-air-capture CO2 to methanol process

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Its value could offset the cost of direct air capture. Importantly, this process could boost the economy by spurring carbon-negative growth, as well as provide fuel security for the UK. —Dr Duyar.

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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. China was the only major economy to experience economic growth in both 2020 and 2021. In Japan, emissions dropped by 3.7%

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ICCT: incremental technology can cut vehicle CO2 by half and increase fuel economy >60% through 2030 with ~5% increase in price

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l/100 km) in 2016, the The ICCT team assessed increased consumer label fuel economy (as opposed to the regulatory test fuel economy) to 35 mpg (6.71 The resulting trajectory would reduce CO 2 emissions by half and increase fuel economy by more than 60% from 2016 through 2030. Starting from a baseline 26 mpg (9.04

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Study finds CO2 emissions trading more effective path to automotive CO2 reduction in Europe than tailpipe standards

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The goal of this paper is to assess the resulting CO 2 emissions, energy, and economic impacts of the EU CO 2 mandates, and compare them to an alternative scenario where vehicle emissions are part of an emission trading system designed to meet Europe’s announced economy-wide targets. —Paltsev et al.

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Study finds technology cost of achieving European 2020 LDV CO2 targets more than offset by resultant fuel savings

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A report published by Cambridge Econometrics and Ricardo-AEA concludes that overall, the cost of technologies required to meet proposed European 2020 CO 2 regulations for vehicles (95 g/km for cars and 147 g/km for vans) will be more than offset by the resultant fuel savings. Source: Cambridge Econometrics.Click to enlarge.

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BNEF: net-zero road transport by 2050 still possible, but big push needed

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Electric vehicles are a powerful tool in reducing global CO2 emissions from the transport sector. Concessional finance has been a key enabler for the development of renewable power generation in emerging economies and could play a similar role in the EV sector. Yet, the rising cost of batteries will not derail near-term EV adoption.

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ICCT-ClimateWorks: well-designed vehicle standards and fuel feeds could reduce combined US, China and EU CO2 emissions by 1.3 Gt in 2030, boost economy

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trillion over the same period, according to the recently published paper, “ How Vehicle Standards and Fuel Fees Can Cut CO 2 Emissions and Boost the Economy ” The study is the second installment of the ClimateWorks “Policies That Work” series. Standards and fees should be based on greenhouse gas emissions.

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