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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Indeed, much of Big Oil's reduction in greenhouse gas (GHG) emissions leans on the so-called natural gas bridge. 2 Total SA.

Oil 418
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Combating climate change via carbon credits | Autocar Professional

Baua Electric

In today’s world, climate change is a reality we have to contend with and among the various measures undertaken to combat it, carbon credits can prove to be an effective solution. Weaving a new framework in the climate space, carbon credits incentivize sustainable practices by assigning a financial value to reductions in GHG emissions.

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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

Green Car Congress

In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels. 2020.01.002.

Gasoline 357
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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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The recovery of energy demand in 2021 was compounded by adverse weather and energy market conditions—notably the spikes in natural gas prices—which led to more coal being burned despite renewable power generation registering its largest growth to date. billion tonnes.

Emissions 370
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GTI quantifies opportunity to produce low-carbon renewable natural gas (RNG) from wood wastes

Green Car Congress

GTI has released a site-specific engineering design titled “ Low-Carbon Renewable Natural Gas (RNG) from Wood Wastes ”. According to the analysis, California has the potential to produce tens of billions of cubic feet of RNG per year from the wastes that are now being used for biomass-based electricity. Source: GTI.

Waste 281
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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

Green Car Congress

The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. Improving coordination and support for research efforts on climate change preparedness.

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EIA: CO2 emissions from US power sector have declined 28% since 2005

Green Car Congress

US electric power sector CO 2 emissions have declined 28% since 2005 because of slower electricity demand growth and changes in the mix of fuels used to generate electricity, according to the US Energy Information Administration (EIA). In 2005, noncarbon sources accounted for 28% of the US electricity mix.

2005 414