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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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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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New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

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ICCT report finds expected surge in renewable diesel production could have damaging environmental impacts due to feedstock demand

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Already the growth of renewable diesel production is impacting feedstock markets, with many analysts identifying growth in renewable diesel as a factor contributing to recent record soy oil prices. It may be appropriate for state programs to consider limiting the contribution from renewable diesel.

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CFR Report Says Energy Security and Climate Change Concerns With Oil Sands Can be Reconciled

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A new report from the Council on Foreign Relations (CFR)— The Canadian Oil Sands: Energy Security vs Climate Change — claims that prudent greenhouse gas regulations can limit emissions from Canadian oil sands while still enabling robust development of the energy resource. Levi, CFR’s David M.

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State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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The document is a detailed draft technical review of potential environmental impacts associated with the segment of the pipeline in the US, including: impacts from construction, impacts from potential spills, impacts related to climate change, and economic impacts. What Keystone XL would carry. MMTCO 2 e annually.

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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

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Most notably, a rise in Saudi crude-oil output could trigger a damaging period of global oversupply, said Jim Krane, the Wallace S. This glut could be exacerbated by future carbon taxes and other policy restrictions on fossil fuels, he said. Climate risk could also weigh into a decision to raise output.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

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And it has become clear that not only oil and gas giants are being targeted, after one of the world’s largest mining and commodity trading companies, Glencore, decided to put a limit on its thermal coal investment. The group was founded a little over a year ago but has already forced oil majors’ boardrooms to take radical decisions.

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