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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

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Shell CEO Says Company Needs Oil To Finance Clean Energy Future

InsideEVs

Some oil companies insist they're doing everything they can to save the planet, but it seems they're taking their time.

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DOE awards $165M GEODE grant to consortium to accelerate development of geothermal by leveraging oil and gas industry

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The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

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 Comic Relief Department: Shell CEO Says The Best Way To Finance Clean Energy Is To Consume More Oil

CleanTechnica EVs

Now that Tesla has grown to become a trillion-dollar company (larger than any of the legacy automakers, and larger than most of the “oil giants”), the petroleum crowd has […]. By Charles Morris A few years ago, when electric vehicles were considered an R&D project, the fossil fuel interests had little to say about them.

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ExxonMobil to buy 2.5M barrels of renewable diesel per year for 5 years from Global Clean Energy

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ExxonMobil has signed an agreement with Global Clean Energy Holdings to purchase 2.5 million barrels per day of heating oils, kerosene and diesel oils. Global Clean Energy Holdings’ wholly owned subsidiary, Sustainable Oils, is the leading developer of camelina, a fast-growing, low input, dryland farmed rotation crop.

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1.8 Million Barrels of Oil a Day Avoided from Electric Vehicles

CleanTechnica EVs

Million Barrels of Oil a Day Avoided from Electric Vehicles appeared first on CleanTechnica. We love covering electric vehicle sales and new electric vehicle models, but something we get to cover much less is. continued] The post 1.8

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Audi introduces R33 Blue Gasoline for factory fills in Germany

Green Car Congress

ethanol—and 23% bionaphtha, which is obtained from residual materials such as tall oil, which is a by-product of pulp production. HVO (hydrotreated vegetable oil)—and 7% biodiesel. The high-quality additives also ensure these renewable fuels are very clean and prevent engine corrosion.

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