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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

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US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. Nuclear was not included in the analysis.

Renewable 338
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Gallup poll finds Americans split on energy vs. environment trade-off

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There was a brief exception in the spring of 2010, however, after the Gulf of Mexico oil spill brought environmental issues back to the forefront. Americans continue to say the US should emphasize energy conservation by consumers over increased production of oil, gas, and coal to address the nation’s energy problems.

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EPA researchers suggest US electricity consumers should be willing to pay 2-4x for emission-free alternatives to fossil fuel electricity due to health impacts

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2002), respectively. For coal, oil, and natural gas, respectively, associated economic values of health impacts are $0.19–$0.45/kWh, For coal and oil, these costs are larger than the typical retail price of electricity, demonstrating the magnitude of the externality. The high (?) values are given by Laden et al.

EPA 277
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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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Since 2002, the average annual increase was almost 4%. 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. Source: PBL. Click to enlarge.

2008 170
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Mascoma Announces Feedstock Processing and Lignin Supply Agreement with Chevron Technology Ventures; Chevron Working on Converting Lignin to Hydrocarbon Fuel Components

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Lignin is a complex chemical compound (a cross-linked amorphous phenolic polymer) and is the biomass component with highest energy content (9,000 - 11,000 Btu/lb compared to 7,300 - 7,500 for cellulose, Johnson 2002). Chevron says tests have shown that this produced water does not inhibit the lignin conversion.

Chevron 249
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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas. Global fossil oil consumption increased by about 2.9%

2011 236
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BP and Davy select 3 leading EPC contractors for BP/Davy Fischer-Tropsch commercial deployment

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The BP/Davy fixed-bed FT process produces diesel, jet fuel (JP8) and naphtha from natural gas, biomass- or coal-derived syngas. The Nikiski plant started production in 2002, using a proprietary cobalt-based BP catalyst. BP has been developing FT technology since 1981 and has been in partnership with Davy Process Technology since 1996.

Davis 199