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The largest increments of new supply will come from OPEC – conventional crude in Saudi Arabia and Iraq, as well as OPEC natural gas liquids (NGLs) which are not subject to OPEC quotas. —Christof Rühl. Impact of environmental policy.
In the 450 Scenario, oil demand falls between 2010 and 2035 as a result of strong policy action to limit carbon-dioxide (CO2) emissions; oil demand peaks before 2020 at just below 90 mb/d and declines to 78 mb/d by the end of the projection period, over 8 mb/d, or almost 10%, below 2010 levels. —WEO 2011.
The vision is fuelled by the fear of climatechange and the need to find green alternatives to dirty coal, unpopular nuclear power and unreliable gas imports from Russia. I liken electric grid and renewable to the economic and political and military fiasco of the Iraq war. Alternative is no longer an alternative.
They’re the same people who had no problem flushing a trillion dollars down the Iraq weapons of mass destruction stimulus for the evil and wealthy. Each day, the oceans absorb 30 million tons of CO2, increasing their acidity. Report: California must adapt to changingclimate. By SAMANTHA YOUNG (AP) – 1 day ago.
Cleantech Blog Cleantechblog.com, the premier cleantech site for commentary on news and technology relating to clean tech, greentech, energy, climatechange and carbon, and the environment. Ontological Shock An Open Letter to Fred Krupp Report from GridEcon Conference SGS ClimateChange Head on the First Carbon Credit.
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