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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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In the paper, the researchers link econometric models of the production profitability of 1,933 global oilfields (representing about 90% of the world’s supply in 2015) with their production carbon intensity, a measure of the amount of carbon emitted per unit of energy (or barrel of oil) produced. —Mohammad Masnadi.

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FCA, IVECO and Snam sign MoU for development of natural gas as an environmentally friendly vehicle fuel

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Italy is the leading European market for natural gas consumption for vehicles, with more than 1 billion cubic meters consumed in 2015 and about 1 million vehicles currently in circulation. FCA is pursuing the development of alternative fuel motors as a key pillar in its strategy and has a leading position in the field of CNG technologies.

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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. With greater U.S.

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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.

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Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

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Among the key findings of the study were: Maintaining the existing vehicle efficiency and fuels regulations to 2030 will lower tank-to-wheel GHG emissions from road transport to 647 Mt representing a 29% reduction compared to 2005 levels, achieving almost aspired level for 2030. GHG abatement in road transport sector will cost approx.

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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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They assessed purchaser technology choice for new vehicles on a cost-effectiveness basis using net present value (NPV) as a decision criterion, with parameters chosen to take account of factors such as consumer myopia with regard to fuel cost savings. R&D plus electric vehicle subsidy. 19% compared to the NNP case.

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United Airlines invests $30M in Fulcrum BioEnergy; renewable jet fuel offtake agreement, potential joint development of production

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The investment is so far the largest single investment by a US airline in alternative fuels. This alternative fuel will be a drop-in fuel that meets all of the airline’s technical requirements and specifications, and will power the aircraft in the same way as conventional jet fuel. Earlier post.)

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