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China’s 2005 Carbon Emissions Almost Twice As Much As 2002 Emissions

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Carbon emissions associated with increased exports from China (left), as part of a more systematic view of increased national emissions (right), 2002 to 2005. Researchers from Norway, the United Kingdom, and the United States, estimated in the study that China’s 2005 carbon emissions were 80.59% or more higher than 2002 emissions. “

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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.

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Biden authorizes release of more than 180M barrels of oil from Strategic Petroleum Reserve; 1M bpd for 6 months

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million barrels—its lowest since May 2002— according to the US Energy Information Administration (EIA). This SPR release was part of a coordinated effort among the 31 members of the International Energy Agency (IEA). Current authorized storage capacity is 714 million barrels, however the SPR currently holds 568.3

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Final session on international mercury convention this week expected to culminate in agreement; UNEP Global Mercury Assessment 2013 finds industrial source Hg emissions may be rising

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The fifth and final session of negotiations on the establishment of an international mercury convention—International Negotiating Committee on Mercury (INC5)—is taking place this coming week in Geneva. UNEP produced its first Global Mercury Assessment in 2002 and a subsequent study in 2007. Source: UNEP.

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CTT Outlines International Expansion Efforts At Tokyo Motor Show; $400M in Orders for 38,000 EVs

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CT&T, founded in 2002 by former Hyundai Motor executive Young Gi Lee, currently produces two versions of its e-Zone EV, differentiated by battery pack: lead acid or Li-polymer. Shipments of CT&T’s compact electric vehicles to Japan will begin in November. Earlier post.) The current e-Zone uses a 72V, 7.0 10 kWh) Li-polymer battery.

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Hyundai Motor unveils China-exclusive “Mistra” mid-size concept at 2013 Auto Shanghai

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Hyundai unveiled the China-exclusive Mistra concept at the Shanghai New International Expo Center today. Despite its relatively late entry into the Chinese market in 2002 with the establishment of Beijing Hyundai Motor Co. Mistra, slated for production later this year, is positioned between the Sonata and Elantra. Mistra concept.

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Report: PetroChina to Boost Investment in Oil Gas in Indonesia by 30% This Year

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PetroChina entered Indonesia’s oil and gas industry in 2002 when the company acquired US-based Devon Energy Companies. In March, Bloomberg reported that PetroChina planned to invest at least $60 billion in the next 10 years on overseas acquisitions to strengthen its portfolio.

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