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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

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Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT. The first two reports dealt with nuclear power (2003) and coal (2007).

MIT 240
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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Biofuels and other renewable energy sources start impacting CO 2 trends.

2008 170
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BP Energy Outlook: 30% growth in global demand to 2035; fuel demand continues to rise, even with EVs & fuel efficiency

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While non-fossil fuels are expected to account for half of the growth in energy supplies over the next 20 years, the Outlook projects that oil and gas, together with coal, will remain the main source of energy powering the world economy, accounting for more than 75% of total energy supply in 2035, compared with 86% in 2015.

Global 150
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The Case for Nuclear Cargo Ships

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“At the same time, it’s becoming apparent that alternative-fuel solutions we’re looking at have big drawbacks, and that producing these fuels will take a lot of green power that will be needed to replace coal and gas on shore. Russia currently operates seven nuclear-powered icebreakers.

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Green Hydrogen Cars: How They are Different?

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We will create energy without spewing carbon dioxide into the environment if this power is supplied from renewable sources. Similarly, replacing all grey hydrogen in the globe would necessitate 3,000 TWh/year from new renewables, which is equal to Europe’s current consumption. Hydrogen as Clean Energy.

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Separate MIT, IEA reports both outline major expansion in role of natural gas; caution on climate benefits

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Based on the work of the multidisciplinary team, with advice from a board of 18 leaders from industry, government and environmental groups, the report examined the future of natural gas through 2050 from the perspectives of technology, economics, politics, national security and the environment.

MIT 210
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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So far, the policy focus has been on empowering the early winners of an unfolding renewable-energy race. For example, rich countries such as Germany can throw billions of dollars at their coal sector to ease their transition pain, offering generous financial aid to lignite-producing regions. Russia might align with China.

Carbon 207