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ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

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Globally, ExxonMobil expects to see growth in plug-in hybrids and electric vehicles, along with compressed natural gas (CNG) and liquefied petroleum gas (LPG) powered vehicles. Additionally, to achieve proposed fuel-economy targets, personal vehicles will need to be smaller and lighter than they are today. billion units.

Personal 408
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Sustainable Rail International, U of Minnesota partner to develop most powerful carbon-neutral locomotive, using new steam engine and biocoal

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Biocoal exhibits the same energy density and material handling properties as coal, but unlike coal, it is carbon-neutral, contains no heavy metals, and produces less ash, smoke and volatile off-gases. Figure of person provided for scale. Locomotive 3463. Click to enlarge.

Minnesota 304
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Electra raises $85M to advance Low-Temperature Iron process; electrochemical refining at 60?C

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Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. By comparison, 69% of steel today is made at approximately 1,600 degrees Celsius (2,912 degrees Fahrenheit) using coal, emitting about two tons of carbon dioxide for every ton of steel produced.

Coal 360
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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. Saudi Arabia burns up to 900,000 barrels of oil per day to generate over 50% of its electricity.

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EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

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Other liquids refer to natural gas plant liquids (NGPL), biofuels (including biomass-to-liquids [BTL]), gas-to-liquids (GTL), coal-to-liquids (CTL), kerogen (i.e., Strong efficiency gains (especially in personal transportation) and conservation reduce OECD demand for liquid fuels. oil sands, either diluted or upgraded).

Asia 341
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New full LCA highlights complexity of environmental advantages and disadvantages of EVs relative to ICE vehicles; the importance of life cycle thinking

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Researchers at the Norwegian University of Science and Technology (NTNU) have compared the emissions resulting from the production, use, and end-of-life of electric and internal combustion engine vehicles (EVs and ICEVs) in a full life-cycle analysis (LCA). —Hawkins et al.

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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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Greenhouse gas (GHG) emission standards and CAFE standards increase new LDV fuel economy through model year 2025 and beyond, with more fuel-efficient new vehicles gradually replacing older vehicles on the road and raising the fuel efficiency of the LDV stock by an average of 2.0% per year, from 21.5 l/100 km) in 2012 to 37.2

Oil 290