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Drilling California: a reality check on the Monterey shale

The recent growth in unconventional oil production from the Bakken (North Dakota), Eagle Ford (Texas) and other tight oil plays has drawn attention to the potential of shale in California’s Monterey Formation. In 2011, the Energy Information Administration (EIA) published a

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Utilities face significant revenue losses from growth of solar, storage and energy efficiency, Accenture research shows

Continued growth of distributed energy resources and energy efficiency measures could cause significant demand disruption and drive down utilities’ revenues by up to $48 billion a year in the United States and €61 billion a year in Europe by 2025,

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The scope of fossil-fuel subsidies in 2009 and a roadmap for phasing out fossil-fuel subsidies

The report, prepared for the G-20 by the International Energy Agency (IEA), the Organisation for Economic Co-operation and Development (OECD) and the World Bank, estimates the scope of fossil-fuel subsidies in 2009 and provides a roadmap for phasing-out fossil-fuel subsides. Source:

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The global climate: 2001-2010 a decade of climate extremes

The report analysed global and regional temperatures and precipitation, as well as extreme events such as the heat waves in Europe and Russia, Hurricane Katrina in the United States of America, Tropical Cyclone Nargis in Myanmar, droughts in the Amazon Basin,

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IEA’s World Energy Outlook 2014 is out

In the central scenario of International Energy Agency’s (IEA) World Energy Outlook 2014 the world primary energy demand is 37% higher in 2040, putting more pressure on the global energy system. The scenario shows that world demand for two out of the three fossil fuels

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Oil, conflict, and U.S. national interests

Oil is a leading cause of war. Between one-quarter and one-half of interstate wars since 1973 have been linked to oil. Fracking does not change the fundamentals. Although hydraulic fracturing (“fracking”) is transforming the U.S. oil and gas sector, the

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Climate change 2014: mitigation of climate change

Concluding four years of intense scientific collaboration by hundreds of authors from around the world, the report responds to the request of the world’s governments for a comprehensive, objective and policy neutral assessment of the current scientific knowledge on mitigating climate

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How oil influences U.S. national security

U.S. scholars and policymakers commonly worry that a lack of “energy security” hurts U.S. national security, yet few have analyzed the links between states’ energy requirements and the probability of military conflict. An investigation of these links identifies threats to

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The social cost of carbon: implications for modernizing our electricity system

In the article, the authors calculate the environmental cost ($ cents/kWh) of CO2 emissions deriving from the use of fossil fuels. This value is then added to the generation costs. The value obtained is used to compare the “social cost” (cost of generation plus environmental costs) between new

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Climate change 2014 impacts adaptation and vulnerability

The Working Group II contribution considers the vulnerability and exposure of human and natural systems, the observed impacts and future risks of climate change, and the potential for and limits to adaptation. The chapters of the report assess risks and

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