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IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

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Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

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

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Global emissions of CO 2 increased by 3% last year, according to the annual report “Trends in global CO 2 emissions”, released by the EC Joint Research Centre (JRC) and the Netherlands Environmental Assessment Agency (PBL). At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%.

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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

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However, even with increases in 2010 and 2011, projected CO 2 emissions in 2011 are lower than annual emissions from 1999 through 2008. EIA projects that world oil consumption will grow by 1.5 US crude oil production averaged 5.32 million bbl/d in 2009, up about 370,000 bbl/d from 2008. per gallon in 2009 to $2.84

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Virent Receives Presidential Green Chemistry Challenge Award for BioForming Process to Produce Biohydrocarbon Fuels

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Virent Energy Systems is receiving one of five 2009 Presidential Green Chemistry Challenge Awards (Small Business Award) for its BioForming process—a water-based, catalytic method to make gasoline, diesel, or jet fuel from the sugar, starch, or cellulose of plants that requires little external energy other than the plant biomass.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices.

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Renault Powertrain Strategy: Focus on Electric Motor Development for EV Powertrains, New Technologies for Conventional Engines

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This work covers both gasoline and diesel powerplants, although the greatest scope for reducing CO 2 emissions concerns gasoline engines; and. The company introduced the TCe 100 in 2007 and the TCe 130 in 2008, earlier post.). liter diesel engine of the same power output. More efficient manual and automatic transmissions.

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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

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After falling 3% in 2008 and nearly 7% in 2009, largely driven by the economic downturn, energy-related CO 2 emissions do not return to 2005 levels (5,980 million metric tons) until 2027. World oil prices rise in the Reference case, as the world economy recovers and pressure from growth in global demand continues.

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