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Study reports non-US global shale gas recoverable resources of 5,760 Tcf; global shale gas boosts total recoverable natural gas resources by 40%

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These include France, Poland, Turkey, Ukraine, South Africa, Morocco, and Chile. Rising production from shale gas resources has been credited with both lower natural gas prices and declining dependence on imported natural gas. A hat-tip to John! ).

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion) and South Africa ($5.5 billion, the largest single renewable energy asset finance deal ever, outside large hydro—that of the 600MW Gemini project in Dutch waters. Another challenge was, at first sight, the impact of the 50%-plus collapse in the oil price in the second half of last year. billion), India ($7.4

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Nielsen global survey finds concerns about climate change slipping behind concerns over other environmental issues; air and water pollution top worries, pesticide use #3

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Three out of four global consumers rated air pollution (77%) and water pollution (75%) as top concerns, both increasing six percentage points compared to 2009. During this period, Nielsen’s Global Online Consumer Confidence Survey found heightened American consumer concern around the economy, rising gas prices, and debt.

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We Need More Than Just Electric Vehicles

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Another barrier to the adoption of EVs is the price, which is largely a function of the cost of the batteries, which make the purchase price 25 to 70 percent higher than that of an equivalent conventional vehicle. sudden reversal of that trend in 2022 due to increases in prices of critical metals and a surge in demand for EVs.