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KPMG developed 3 nexuses linked by climatechange to represent the challenges of sustainable growth. In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. The three nexuses are linked by climatechange. Source: KPMG.
The study, published as an open-access paper in Nature , offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.
A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climatechange legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.
Normalized well-to-wake GHG emissions for low-, baseline- and high-emission cases for jet fuel pathways under different land use change scenarios. For world crude oilprices in the range of $100 per barrel, this amounts to a price impact of roughly $5 to $13 per barrel. From Hileman et al. Click to enlarge. million bpd.
A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oilprices.
But, asks Ricardo, what will happen to oil demand as these efforts begin to bear fruit, and what are the implications for key sectors of the fuel production and processing, power generation, construction, mining, automotive and transportation industries and the investment community?
With prices expected to increase in the long term, however, the world oilprice in real 2011 dollars reaches $106 per barrel in 2020 and $163 per barrel in 2040, according to IEO2013. Biomass ClimateChange Coal-to-Liquids (CTL) Emissions Forecasts Fuels Gas-to-Liquids (GTL) Market Background'
Without significant additional policy interventions to induce market penetration of breakthrough passenger car and aircraft technologies, the overall European (EU27) greenhouse gas (GHG) emissions reduction goals for 2050 will be difficult to meet, according to a new study by researchers from the University of Cambridge, Stanford University and MIT.
Institute of International Studies, University of. lifestyle changes such as vegetarianism or bicycle transportation which could have a significant effect on mitigation. requirements and costs; behavior change in their model is. reduction in fuel costs even with electricity prices doubled. Laboratory. efficiency.
Removing fossil fuel subsidies would have only a small effect on CO 2 emissions and renewable energy use, according to a new study led by the International Institute for Applied Systems Analysis (IIASA) and published in the journal Nature. This is facilitated by today’s low oilprices. This equates to 0.5-2
Two key drivers of EV adoption include climate concerns and oilprices. The potential for reducing carbon emissions by electrifying transportation has caught the attention of local and national government officials across Asia-Pacific due to concerns about the contribution of transportation emissions to climatechange.
The underlying assumption is that the world will immediately use whatever oil can be pumped from the ground, and that supply is independent of demand—that is, oil exploration investments bear no relation to the current oilprice or expectations of future demand.
Ceres is a national network of investors, environmental organizations and other public interest groups working with companies and investors to address sustainability challenges such as global climatechange. Market Risks : The economic competitiveness of oil shale and CTL is contingent on high oilprices.
between 2017 and 2021, as a combination of higher oilprices, emerging mandate. The report identifies a number of key trends, including: Oilprices are expected to climb over the next decade, driving increased interest in. Wash-out from “Food versus Fuel” and “Indirect Land Use Change” will linger, shifting.
In addition to high oilprices 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. Tags: ClimateChange Emissions. Source: PBL. Click to enlarge.
About 60-80% of full life cycle emissions result from driving/operating a vehicle; if only the extraction emissions (WTT) are examined, oil sands will deliver a relatively high value. A growing supply of unconventional transportation fuels would tend to moderate oilprices and would drive up emissions on a life cycle basis.
Most notably, a rise in Saudi crude-oil output could trigger a damaging period of global oversupply, said Jim Krane, the Wallace S. Wilson Fellow for Energy Studies in the Baker Institute’s Center for Energy Studies. Further, in theory, higher oil production also shortens the time horizon to full depletion.
Dr. Ken Kurani from the UC Davis Institute of Transportation Studies (ITS) presented results from the latest in a series of electric drive consumer studies seeking to learn from consumers whether or not PHEVs are a good idea. Ken Kurani. What may look like an attractive technology to a society can look pretty crappy to a consumer.”
The WEO analysis includes three global scenarios and multiple case studies: The New Policies Scenario—the central scenario for this WEO—assumes recent government policy commitments will be implemented in a cautious manner, even if they are not yet backed up by firm measures. —WEO 2011. Click to enlarge. Electric vehicles.
STEP CHANGE IN DEMAND. The Salar de Olaroz project in Argentina is estimated to cost around $80-$100 million, with the final figure to be determined after a feasibility study, Orocobre spokesman Paul Ryan said, adding the study should be complete by end-September.
A new study into ‘peak oil’ will question whether the theory should really be about ‘peak oil demand’ rather than supply. As concerns about climatechange, energy security and oilprice volatility coupled with advances in low carbon technology could mean that demand for oil peaks before the world’s capacity to supply it does.
DNV GL is studying a number of alternative fuels or energy carriers that are already used or could be potentially used in shipping in the future. Breaking this deadlock will require a coordinated, industry- wide effort and the political will to invest in the development of new infrastructure. —“Alternative Fuels for Shipping”.
The document is a detailed draft technical review of potential environmental impacts associated with the segment of the pipeline in the US, including: impacts from construction, impacts from potential spills, impacts related to climatechange, and economic impacts. What Keystone XL would carry.
Notable changes since the prior Draft Supplemental Environmental Impact Statement include an expanded analysis of potential oil releases; an expanded climatechange analysis; an updated oil market analysis incorporating new economic modeling; and an expanded analysis of rail transport. MMTCO 2 e annually.
A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized.
And, as we know from the most basic understanding of economics, adding more demand means prices will go up, not down. Reducing demand for a product in fact forces prices down, and EVs are already displacing oil demand which depresses oilprices. But all of these harms will happen to real people.
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