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TransCanada terminates Energy East Pipeline and Eastern Mainline projects

Green Car Congress

million barrels of crude oil per day from Alberta and Saskatchewan to the refineries of Eastern Canada and a marine terminal in New Brunswick. The Eastern Mainline Project would have included four sections of new 36-inch diameter natural gas transmission pipeline between the City of Markham and the Township of Edwardsburgh/Cardinal.

Energy 150
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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

Greenhouse gas (GHG) emission standards and CAFE standards increase new LDV fuel economy through model year 2025 and beyond, with more fuel-efficient new vehicles gradually replacing older vehicles on the road and raising the fuel efficiency of the LDV stock by an average of 2.0% Energy consumption by marine vessels increases from 0.9

Oil 290
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RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

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Pending a major technical breakthrough, renewable jet and marine fuels will continue to be far more expensive than petroleum-based fuels, Bartis said. A consensus is developing that global oil production is less likely to come to a sharp peak and more likely to hit a plateau that might continue for some decades and then slowly decline.

Price 225
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Opinion: This Is What Needs To Happen For Oil Prices To Stabilize

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There are the private equity folks and other bottom feeders that are finding their way into the market but for the most part they are spending money on distressed assets, not new oil and gas wells. Frack sand trailers are parked in front yards and lots all across American’s oil and gas plays. Health insurance is going up.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

The report also provides a quantitative and qualitative review of the business risks and opportunities facing 11 key sectors of the economy: Airlines; Automobiles; Beverages; Chemicals; Electricity; Food Producers; Industrial Metals & Mining; Mining; Marine Transportation; Oil & Gas; and Telecommunications & Internet.

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Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Green Car Congress

Accenture defined disruptive fuel technologies as those that: Reduce hydrocarbon fuel demand by more than 20% by 2030; Save greenhouse gas emissions (GHG) by more than 30% relative to the hydrocarbons they replace; Will be commercial in less than five years; and. Will be competitive at an oil price of $45 to $90 at their commercial date.