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ExxonMobil seeking to boost growth, continue work on lower-emissions technologies including biofuels and carbon capture

Green Car Congress

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins.

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UK auto industry warns anti-diesel agenda and slow uptake of EVs could mean missing 2021 CO2 targets; rising CO2 average in 2017

Green Car Congress

The warning came as a new report published by the Society of Motor Manufacturers and Traders (SMMT) confirmed that the fleet average CO 2 of newly registered cars rose for the first time in 2017, despite vehicles becoming ever more efficient. in 2017 to 119,821 units. of the overall new car market in 2017. to a new low of 165.4

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N. American usage of car2go one-way carshare up 40% in 1H 2017 year-on-year to >4.5M trips

Green Car Congress

North America’s largest flexible one-way carsharing service, saw a significant increase in use of its service during the first six months of 2017. Usage of car2go increased by 40% year-over-year in the first half of 2017 compared to the first half of 2016 across all 11 of the service’s North American locations, with more than 4.5

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SCE quadruples rebate offer for pre-owned EVs to $4,000

Green Car Congress

SCE has been offering rebates to its customers for new and used EVs since 2017. By overcoming one of the key barriers to EV ownership—affordability—the program aims to stimulate EV adoption. The Pre-Owned Rebate is funded by the California Air Resources Board’s Low Carbon Fuel Standard Program.

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Toyota develops fuel cell system for maritime applications; first application on Energy Observer

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Embarking in June 2017 from Saint-Malo Port in France, Energy Observer is an electrically propelled vessel of the future that is operated using a mix of renewable energies and an on-board system that produces carbon-free hydrogen from seawater.

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New partnership to advance high-temperature PEM fuel cells; focus on heavy-duty applications

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They can allow ships to run on renewable methanol or ammonia, airplanes to run on dimethyl ether or hydrogen, and off-grid power generators to work with low- or zero-carbon fuels that are easily transportable to remote locations. —Yu Seung Kim, a Los Alamos scientist who started an automotive HT-PEM fuel cells project in 2017.

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Chevron invests in nuclear fusion start-up Zap Energy

Green Car Congress

Chevron Technology Ventures’ says that its investment in fusion is an opportunity to enhance the company’s focus on a diverse portfolio of low-carbon energy resources with the capacity to provide communities across the globe access to affordable, reliable, and ever-cleaner energy. Resources. “

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