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Electric Buses Are Hurting the Oil Industry

Bloomberg, 24 April 2018
Electric buses were seen as a joke at an industry conference in Belgium seven years ago when the Chinese manufacturer BYD Co. showed an early model. “Everyone was laughing at BYD for making a toy,” recalled Isbrand Ho, the Shenzhen-based company’s managing director in Europe. “And look now. Everyone has one.”

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This Is How Big Oil Will Die

NewCo Shift, 24 May 2017
It’s 2025, and 800,000 tons of used high strength steel is coming up for auction. The steel made up the Keystone XL pipeline, finally completed in 2019, two years after the project launched with great fanfare after approval by the Trump administration. The pipeline was built at a cost of about $7 billion, bringing oil from the Canadian tar sands to the US, with a pit stop in the town of Baker, Montana, to pick up US crude from the Bakken formation. At its peak, it carried over 500,000 barrels a day for processing at refineries in Texas and Louisiana.

But in 2025, no one wants the oil.
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Oil Discoveries At Lowest Point Since The 1940s

Oil Price, 21 December 2017
The oil industry discovered the least amount of oil in 2017 in almost eight decades, breaking the previous record low set in 2016. The global oil industry has discovered less than seven billion barrels of oil equivalent so far this year—a drop-off from the 8 billion boe discovered last year. Last year’s total was the lowest since the 1940s. The 2017 figure is down by more than half from the 15 billion boe discovered in 2014-2015, and down sharply from the 30 billion boe discovered in 2012.
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Melbourne Airport is going to be as busy as Heathrow, so why the argument about one train line?

The Conversation, 24 April 2018
Public discussion of rail links to airports has been narrowly focused on the idea of a single line and where to run it. In Melbourne, the politics of this debate has so far prevented a railway from being built, because it is not possible for one line to meet all of the landside access needs of the airport. The issue of rail access for a new western Sydney airport has also not been resolved.
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AEMO has just doubled its forecast for EV uptake in Australia

ReNew Economy, 19 April 2018
The Australian Energy market Operator has effectively doubled its forecast uptake for electric vehicles in Australia, suggesting that within two decades they could account of more than half of Australia’s car fleet.
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A closer look at business cases raises questions about ‘priority’ national infrastructure projects

The Conversation, 19 April 2018
Infrastructure Australia’s latest infrastructure priority list has been criticised for being “too Sydney-centric” and for giving Melbourne’s East West Link, cancelled in 2014, “high priority” status. The cancelled Roe 8 project in Perth was removed from the list. So how does a project get onto Infrastructure Australia’s list? This requires submission of a full business case, which then needs to be “positively assessed” to be given priority status.
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Reluctant Americans are behind Qantas’ quest to develop a cargo class

Sydney Morning Herald, 18 April 2018
Qantas’ “out there” idea to develop a new travel class in the cargo hold is aimed at getting middle-class Americans to shake off their reluctance to fly long-haul across the Pacific, Fairfax Media has learned. Last month, Fairfax Media revealed Qantas chief executive Alan Joyce had begun exploring a new “cargo class” concept which could be installed on super long-haul direct flights from Sydney to the US and London.
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Electric Buses in Cities: Driving Towards Cleaner Air and Lower CO2

Bloomberg New Energy Finance, 10 April 2018
Key findings in the report, Electric Buses in Cities: Driving Towards Cleaner Air and Lower CO2, authored by BNEF on behalf of the C40 Cities Climate Leadership Group, highlight e-buses’ competitiveness with conventional diesel and CNG fueled buses.
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Cycling receives just 1% of total road funding

The Feed, SBA, 13 April 2018
New research has found that cycling and walking receive a tiny fraction of overall transport infrastructure funding in Australia. Researchers believe this is “unacceptable in a wealthy OECD country”.
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New Zealand puts an end to new permits for exploration of deep-sea oil and gas reserves

The Conversation, 13 April 2018
The New Zealand government’s announcement that it will not issue any new permits for offshore exploration for oil and gas deposits is exciting, and a step in the right direction.
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