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DOE to award up to $88M for oil and natural gas recovery research

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The Department of Energy’s (DOE’s) Office of Fossil Energy announced up to $88 million in federal funding for cost-shared research and development projects enhancing technologies for oil and natural gas recovery under two separate funding opportunity announcements (FOAs). In addition, proved reserves of natural gas resources reached 464.3

Oil 306
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. CO 2 emissions from natural gas use have grown a sustained 2.2% Emissions from gas are projected to rise by 4.7% for oil, 1.1%

Global 221
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Market Update: How Battery Pack Costs Declined Since 2008

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The US Department of Energy’s Vehicle Technologies Office reported a remarkable 89% decrease in the cost of electric vehicle lithium-ion battery packs between 2008 and 2022. In 2008, the cost per kilowatt-hour (kWh) was $1,355, but by 2022, it had dropped to $153 per kWh. Historical data is an eye-opener.

2008 52
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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

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This year’s edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon emissions. The longer carbon emissions continue to rise, the harder and more costly will be the necessary eventual adjustment to net-zero carbon emissions.

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California Governor signs new super-pollutants legislation into law; black carbon, fluorinated gases and methane

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signed SB 1383 , establishing the nation’s toughest restrictions on super pollutants including black carbon, fluorinated gases and methane. Super pollutants have more potent heat-trapping effects but remain in the atmosphere for a shorter time than carbon dioxide. and other pollutants. and other pollutants.

Pollution 150
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EIA: US energy-related CO2 dropped 2.7% in 2015; of end-use sectors, only transportation increased

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from 5,405 MMmt in 2014. These factors included a decline in the carbon intensity of the energy supply (CO 2 /British thermal units [Btu]) of 1.8%; and a 3.4% —“US Energy-Related Carbon Dioxide Emissions, 2015”. from 2014 levels. between 2014 and 2015. as other factors more than offset the growth in GDP.

2015 150
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Alberta moving ahead with major new oilsands refinery with carbon capture

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have agreed to terms and conditions specific to the first major carbon capture and storage (CCS) project in the province. Enhance will build the Alberta Carbon Trunk Line (ACTL), a pipeline which will deliver carbon dioxide (CO 2 ) captured from the refinery, to be used for enhanced oil recovery from existing conventional oil fields.

Oil-Sands 231