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Baker Institute team says fossil fuel subsidies need global reform

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There is evidence that fossil fuel subsidies are socially inequitable, that they encourage smuggling and waste, and distort economies in ways that undermine economic efficiency while harming the environment and the climate,” wrote Jim Krane, the Wallace S. Costs ranged from a low of 0.3% 5 consumer of oil,” Krane said.

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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Emerging economies accounted for all of the net growth, with OECD demand falling for the third time in the last four years, led by a sharp decline in Japan. in the emerging economies. Coal was again the fastest growing fossil fuel with predictable consequences for carbon emissions; it now accounts for 30.3% globally, and 8.4%

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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. Coal will increase by 1.2% Click to enlarge.

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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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There could be a question mark over Saudi Arabia’s plan, announced in 2012, to invest $109bn in 41GW of solar power by 2032. Saudi Arabia burns up to 900,000 barrels of oil per day to generate over 50% of its electricity. The US economy has grown by 8.9%

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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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We know a circular economy with renewable energy is the path, and we have positioned ourselves to be the alternative energy capital of the world. Producers of so-called blue, gray and brown hydrogen use either fossil fuels (natural gas or coal) or low-temperature gasification (. That’s why our partnership with SGH2 is so important.

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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

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In addition, President Obama issued a Presidential Memorandum creating an Interagency Task Force on Carbon Capture and Storage to develop a comprehensive and coordinated federal strategy to speed the development and deployment of advanced lower-emission coal technologies. Policy support – All departments and agencies.

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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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Some of the findings of the report include: Global consumption of coal (responsible for about 40% total CO 2 emissions) grew in 2011 by 5%, whereas global consumption of natural gas and oil products increased by only 2% and 1%, respectively. The largest growth took place in China (+22%), Saudi Arabia (+13%) and Japan (+12%).

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