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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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The Fed Is Driving Down Oil Prices

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dollar to go up, which is putting downward pressure on prices,” Phil Flynn, analyst at Price Futures Group in Chicago, told Reuters. There are plenty of factors influencing oil prices right now, and the OPEC+ decision expected in a few days will be the single most important driver in the near-term. But the U.S.

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Life Cycle Analysis of Evogene Castor Bean-based Biodiesel Shows 90% Emissions Reduction Compared to Petroleum

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earlier post ) found that such biodiesel reduces greenhouse gases (GHG) emissions by 90% compared to petroleum diesel in the US. Castor Bean ( Ricinus Communis ) is a non-edible crop with naturally high oil content in its seeds and its growth requires relatively low inputs. Assaf Oron, Evogene’s EVP Strategy and Business Development.

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Navigant Research forecasts 58% growth in global biofuels consumption by 2022; biodiesel and drop-in fuels gain market share

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While Europe will be the leader in biodiesel development, other markets with growing diesel vehicle fleets will help set the foundation for a strong global biodiesel market. Outside of North America and Brazil—which have reached mandated blend levels for ethanol—other countries are mandating low-level blends (5%-10%).

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

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the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021, while demand for diesel in ground transportation markets will reach at least 427 BGPY. Key trends identified in the report include: Oil prices are expected to climb over the next decade, driving increased interest in.

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Evogene Castor Oil Demonstrates Suitability as Biojet Feedstock

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In April, Evogene announced the results of a Life Cycle Analysis of biodiesel produced from its castor oil, showing that such biodiesel reduces greenhouse gases emissions by 90% compared to petroleum diesel in the US. Evogene is currently testing its castor varieties in field trials in the southern US and northeastern Brazil.

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

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between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Demand for diesel in ground transportation markets will reach at least 427 BGPY. The report identifies a number of key trends, including: Oil prices are expected to climb over the next decade, driving increased interest in.

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