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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. A sharp rise in oil prices would spur new investment and new drilling.

Oil 150
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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to 1.9%) in 2022 as the COVID recovery continues amidst turmoil in energy markets. Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. Turmoil in energy markets. The turmoil in the global energy markets is affecting the different fossil fuels in different ways. for oil, 1.1%

Global 221
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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 growth in the industry over the next decade, Pike expects production volumes to fall short of an estimated 71.8 continue to pour into the industry. — Biofuels Markets and Technologies.

Global 253
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Pike Research forecasts global biofuels market value to double to $185B by 2021

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According to a new report from Pike Research, the increased production and consumption of biofuels will more than double the industry’s market value in the next decade. Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate.

Global 225
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

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The China policy response to assist the commercial-vehicle industry has been broad, with a variety of direct and indirect supports announced, locally and nationally. The local industry is already recovering, with commercial vehicle plants re-opened. The local industry is already recovering, with commercial vehicle plants re-opened.

2020 191
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Pike Research forecasts surge in investment and growth in advanced biorefineries through 2022

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Cumulative capital investment in biorefinery infrastructure by generation, world markets, 2012–2022. In its tally and projections, Pike includes conventional ethanol and biodiesel facilities targeting commodity-based feedstocks, such as corn starch, sugarcane, soy, palm oil, and rapeseed. —“Industrial Biorefineries”.

Brazil 236
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PwC industry survey provides check-up on determining factors for EV success

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This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs. Respondents predict that coal will remain the primary energy source for EVs in 2020 (28.9%), followed by Fossil fuel/oil (21.4%). Nearly 68.8%