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

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To force IOCs, such as Shell or BP, to comply with policies that would halve their “net carbon footprint” by 2050 could result in a death-wish for these companies in the long-run. The latter is partly caused by “global warming constraints” and lower oil prices in general.

Oil 231
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NETL Report Concludes CTL Plus Carbon Capture Results in Fuel with 5-12% Less Lifecycle GHG Than Petroleum Diesel; Modest Biomass Additions Lower GHG Further

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Background colors of the cells represent the crude oil price required for economic feasibility. These synthetic fuels are economically competitive with petro-diesel when the crude oil price (COP) is at or above $86 per barrel (based on a 20% rate of return, in January 2008 dollars, with a carbon price of zero).

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Study finds that dry-feed gasification for coal-to-liquids is more efficient, lower-emitting and cheaper than slurry-feed; CCS cost-effective for reduction of CO2

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Comparison of coal consumption and CO 2 emissions for co-production and separate production of liquids and power. Even with CCS, the liquid product costs are comparable to recent crude oil prices. For a liquids-only configuration, CCS is a cheaper option when the CO 2 price exceeds $12/tonne. Click to enlarge.

Coal 231
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ICCT updates US airline fuel efficiency rankings; Alaska stays on top, American on bottom

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The report, which covers US airlines in domestic operations in 2014, highlights a continuing gap in the carbon intensity of US carriers, and comes as the International Civil Aviation Organization (ICAO) meets in Montreal to debate proposals that will serve as the basis for future US regulation. Earlier post.)

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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Environmental costs are often not shown on financial statements because the bearers of such costs can be either particular individuals or society at large, are often both non-monetary and problematic to quantify for comparison with monetary values.

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Study Finds Integrated Biorefinery Processes Could Be Highly Competitive With Petroleum Fuels on Efficiency and Costs, While Offering Substantial Reductions in Greenhouse Gas Emissions

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The emissions analysis does not account for carbon sinks (e.g., soil carbon sequestration) or sources (e.g., Achieve production costs consistent with gasoline when oil prices are at about $30 a barrel. forest conversion) resulting from land-use considerations. The scenarios evaluated are: Ethanol + Rankine power.

Emissions 170
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State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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Comparison of proposed Keystone XL route to previously proposed project segment. The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska.