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Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. The decline in 2020 of -5.2%

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thyssenkrupp Steel, HKM and Port of Rotterdam jointly investigate setting up hydrogen supply chains

Green Car Congress

Green hydrogen is a sustainable alternative to coal, oil and natural gas. Rotterdam is also setting up a carbon transport and storage system, Porthos, which is also being considered as a CO 2 storage site for the production of blue hydrogen by the “H2morrow steel” project, which includes thyssenkrupp Steel as partner as well.

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Headwaters and University of Utah Form JV for Carbon Storage

Green Car Congress

Headwaters Incorporated has formed a joint venture with the University of Utah—Headwaters Clean Carbon Services LLC (HCCS)—which will provide a full range of services for CO 2 geologic storage and CO 2 used for enhanced oil recovery and enhanced coalbed methane recovery. Earlier post.). Jim Lepinski, President of HCCS.

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Study Finds Global CO2 Emissions Dropped 1.3% in 2009; Emissions in China and India Rose 9% and 6%

Green Car Congress

in 2009, the first decrease recorded this decade, according to an addendum to an earlier study outlining a method for updating global fossil fuel carbon dioxide emissions published in the journal Environmental Research Letters. Global CO 2 emissions decreased 1.3% The decrease in emissions follow the decrease in the global economy.

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Saskatchewan and Montana Partner on Major Carbon Capture and Storage Project

Green Car Congress

Saskatchewan Premier Brad Wall signed a Memorandum of Understanding with Montana Governor Brian Schweitzer to work together on the development of one of the largest international carbon capture and storage demonstration projects to date.

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A hydrogen-powered electric truck is being built by Adani in partnership with Ashok Leyland and Ballard

Electric Vehicles India

billion stimulus package to set green hydrogen consumption targets for certain companies earlier this month. Green hydrogen is a key focus for Indian companies such as Reliance Industries, Indian Oil, NTPC, Adani, JSW Energy, ReNew Power, and Acme Solar. They aim to reach net zero carbon emissions by 2070.