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Separate MIT, IEA reports both outline major expansion in role of natural gas; caution on climate benefits

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An interim report with some of this study’s major findings and recommendations was released in June 2010. In the US, a combination of demand reduction and displacement of coal-fired power by gas-fired generation is the lowest cost way to reduce CO 2 emissions by up to 50%. Source: IEA. Click to enlarge. Earlier post.)

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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On December 16, 2010 the US DOE Energy Information Agency (EIA) published a report projecting that renewable energy will still only constitute 12 percent of the USA’s energy sources by 2035. These companies have sunk costs invested in coal, gas and oil plants and are content in maximizing the return on these investments.

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California Air Resources Board Pushes for Restoration of DOE Funding for Hydrogen Fuel Cell Vehicles; Tackles the Four Miracles

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DOE’s targets are $45/kW by 2010 and $30/kW by 2015. When produced and distributed in high volume, hydrogen can be made efficiently from a variety of feedstocks including natural gas, biomass, and coal with sequestration at levelized costs of $3-6/kg, which, when adjusted for the efficiency of the FCV, is comparable to $1.50-%3.00/gallon

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