Remove Carbon Remove Comparison Remove Emissions Remove Oil
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

Oil 418
article thumbnail

Global Carbon Project: Global carbon emissions growth slows, but hits record high

Green Car Congress

Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. over 2018 emissions. over 2018 emissions. That compares to 2.1%

Carbon 195
article thumbnail

Study finds GHG emissions from corn ethanol now 46% lower than gasoline

Green Car Congress

A new study by a team from Environmental Health & Engineering (EH&E) has found that greenhouse gas emissions from corn ethanol are 46% lower than those from gasoline—a decrease in emissions from the estimated 39% done by previous modeling. gCO 2 e/MJ) which is 46% lower than the average carbon intensity for neat gasoline.

Gasoline 493
article thumbnail

Study finds total greenhouse gas footprint of blue hydrogen “quite high” due to fugitive methane

Green Car Congress

“Blue” hydrogen—produced through steam methane reforming (SMR) of natural gas or coal gasification, but with CO 2 capture and storage—is being described as having low or zero carbon emissions. Our analysis assumes that captured carbon dioxide can be stored indefinitely, an optimistic and unproven assumption.

Hydrogen 414
article thumbnail

S&P Global: More than 75% of oil and gas production in US Gulf of Mexico has lower than average greenhouse gas intensity

Green Car Congress

More than three-fourths of all oil and gas production in the US Gulf of Mexico has a lower greenhouse gas (GHG) intensity than the basin-wide average, according to a new S&P Global Commodity Insights analysis. For comparison, the GHG intensity range for 99% total 2021 production across the North Sea study area extends to c.

Mexico 150
article thumbnail

Cohort of new stakeholders joins Open Hydrogen Initiative

Green Car Congress

Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage.

Hydrogen 482
article thumbnail

Goodyear unveils 90% sustainable-material demonstration tire, approved for road use

Green Car Congress

A sustainable material is defined as a bio-based/renewable, recycled material or one that may be produced using or contributing to other sustainable practices for resource conservation and/or emissions reductions including mass-balance materials. Today, eight product lines, and some racing tires, include soybean oil.

Oil 293