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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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quadrillion Btu in 2035, as a result of fuel economy improvements achieved through stock turnover as older, less efficient vehicles are replaced by newer, more fuel-efficient vehicles. Beyond 2035, LDV energy demand begins to level off as increases in travel demand begin to exceed fuel economy improvements in the vehicle stock.

Fuel 225
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15 Air Carriers Sign Non-Binding MOUs on Synthetic Jet Fuel Purchases with Two Providers: AltAir and RenTech

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A core group of 15 commercial airlines has signed non-binding memoranda of understanding (MOUs) for negotiating purchases from two different producers of synthetic jet fuel: AltAir Fuels LLC and RenTech Inc. These alternative fuels will be more environmentally friendly, on a life cycle basis, than today’s petroleum-based jet fuels.

Purchase 225
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NRC report concludes US LDVs could cut oil consumption and GHGs by 80% by 2050; reliance on plug-ins, biofuels and hydrogen; strong policies mandatory

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Achieving those goals will will be difficult—but not impossible to meet—and will necessitate a combination of more efficient vehicles; the use of alternative fuels such as biofuels, electricity, and hydrogen; and strong government policies to overcome high costs and influence consumer choices. Major Findings.

Hydrogen 244
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Refiners and Truckers Associations Challenge California LCFS in Federal Court

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The California LCFS calls for at least a 10% reduction from 2006 levels in the carbon intensity (measured in gCO 2 e/MJ) of California’s transportation fuels by 2020. The LCFS violates the Supremacy clause, according to the complaint, because it conflicts with the Energy Policy Act of 2005 (EPAct 2005), Pub. 109-58, 119 Stat.

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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

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The Annual Energy Outlook 2015 (AEO2015) released today by the US Energy Information Administration (EIA) projects that US energy imports and exports will come into balance—a first since the 1950s—because of continued oil and natural gas production growth and slow growth in energy demand. Tcf in the High Oil and Gas Resource case.

2020 150
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Senators Kerry and Lieberman Release Details of Energy and Climate Bill; Incentives for Electric Drive and Natural Gas Vehicles

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The American Power Act, released as a discussion draft, targets reducing greenhouse gas (GHG) emissions by at least 4.75% compared to 2005 levels by 2013; by at least 17% compared to 2005 levels by 2020; by at least 42% compared to 2005 levels by 2030; and by at least 83% compared to 2005 levels by 2050. Natural Gas.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” M barrels/day of oil within the next 10 years ”. Dr. Paul still sees significant growth in the developing world. One year ago.

Financing 150