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WEC report: EVs need 16% market share by 2020 for fuel economy standards to be met

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Electric vehicles (EVs) will need to increase their combined market share to 16% by 2020 for markets to achieve the aggressive fuel economy standards set by regulators, according to new research by the World Energy Council, the UN-accredited global energy body representing the entire energy spectrum. In the EU, the EV gap is 1.4

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UC Irvine analysis finds renewable hydrogen sector could reach price parity with conventional fuel by mid- to late 2020s

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The study concludes that, with appropriate policy support, the renewable hydrogen sector can reach self-sustainability (price point at parity with conventional fuel on a fuel-economy adjusted basis) by the mid- to late-2020s. The roadmap effort developed several scenarios for the growth in renewable hydrogen demand through 2050.

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EIA forecast of 2014 US gasoline use has risen 2 billion gallons (1.6%) in past 10 months

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The US Energy Information Administration’s (EIA) short-term forecasts of US gasoline consumption, which cover the current and upcoming calendar year, have risen 1.6% The STEO forecast of 2014 gasoline consumption was generally declining between January 2013 and September 2013, but has risen over the past year. over the past year.

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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d to reach 107 mb/d by 2023.

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BNEF’s latest projection shows EVs as $46T market opportunity between now and 2050

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Leaders such as China, the US and European economies run far ahead of these numbers, but lower levels of adoption in emerging economies reduce the global average. This is particularly true for countries that do not already have tightening vehicle CO 2 emissions or fuel economy standards.

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

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According to BNEF, developed countries and multilateral institutions should include electric vehicle investments, incentives and charging infrastructure deployments in their international climate finance plans, making capital available to emerging economies that have credible plans to develop this sector.

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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

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Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers.

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