Climate Change, Oil Prices, Resource and Supplies

Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

Green Car Congress

NOVEMBER 4, 2021

Previous models have treated oil producers’ carbon footprint as if all barrels of oil are exactly the same, but with novel extraction technologies there is a great deal of variability in the global oil supply. 2021) “Carbon implications of marginal oils from market-derived demand shocks.” —Mohammad Masnadi.

Oil

Oil Carbon Global Market

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

Green Car Congress

MARCH 2, 2013

The document is a detailed draft technical review of potential environmental impacts associated with the segment of the pipeline in the US, including: impacts from construction, impacts from potential spills, impacts related to climate change, and economic impacts. What Keystone XL would carry. Draft SEIS.

Climate Change

Climate Change Oil-Sands Nebraska Climate

CFR Report Says Energy Security and Climate Change Concerns With Oil Sands Can be Reconciled

Green Car Congress

MAY 24, 2009

Oil sands supply chain. A new report from the Council on Foreign Relations (CFR)— The Canadian Oil Sands: Energy Security vs Climate Change — claims that prudent greenhouse gas regulations can limit emissions from Canadian oil sands while still enabling robust development of the energy resource.

Oil-Sands

Oil-Sands Climate Change Oil Climate

EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

Green Car Congress

JULY 25, 2013

However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. Non-petroleum liquids resources from both OPEC and non-OPEC sources grow on average by 3.7% million barrels per day.

2010

2010 Transportation Fuel Energy

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

Green Car Congress

FEBRUARY 15, 2012

KPMG developed 3 nexuses linked by climate change to represent the challenges of sustainable growth. The 10 global sustainability megaforces that may impact business over the next two decades are: Climate Change: This may be the one global megaforce that directly impacts all others. Source: KPMG. Click to enlarge.

Climate Change

Climate Change Water Climate Global

Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

SEPTEMBER 13, 2017

As the kingdom endeavors to satisfy these competing demand sources, it increasingly sacrifices one of its most important strategic assets, the spare oil production capacity that it uses to balance markets in times of disrupted supply. Further, in theory, higher oil production also shortens the time horizon to full depletion.

Saudi Arabia

Saudi Arabia Oil Production Climate

Belfer Center Brief Urges Higher, Stable Energy Prices to Achieve Long-Term Energy Policy Objectives

Green Car Congress

MAY 26, 2009

The brief concentrates on six topics: climate change policy, carbon capture and storage policy, oil security policy, energy-technology innovation policy, electricity market structure, and infrastructure policy. Climate change policy. Oil security policy. Acting in Time on Energy Policy”.

Energy

Energy Price Oil Prices Climate Change

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Green Car Congress

MAY 27, 2009

World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

2006

2006 Emissions Energy Oil-Sands

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil

Oil Standards Price Oil Prices

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

Green Car Congress

AUGUST 15, 2010

Debate about the future of oil sands development is so contentious that even the name of the resource is disputed: proponents typically use oil sands while opponents use tar sands. A growing supply of unconventional transportation fuels would tend to moderate oil prices and would drive up emissions on a life cycle basis.

Oil-Sands

Oil-Sands Oil Emissions Coal

Refiners and Truckers Associations Challenge California LCFS in Federal Court

Green Car Congress

FEBRUARY 3, 2010

The LCFS would essentially ban imports to California of fuels derived from unconventional sources such as oil sands from Canada, oil shale from the Western US, or domestic coal supplies that can be converted into transportation fuels. Tags: Climate Change Fuels Policy. LCFS Complaint.

California

California Oil-Sands Oil 2005

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Green Car Congress

NOVEMBER 27, 2011

Technically feasible levels of energy efficiency and decarbonized energy supply alone will not be sufficient to reduce greenhouse gas emissions 80% below 1990 levels by 2050, according to a detailed modeling of the California economy performed by a team from Energy and Environmental Economics, the Monterey. Williams et al. Click to enlarge.

Climate

Climate California Fuel Gas-Electric

Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

Green Car Congress

JULY 20, 2012

savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas. tonnes per capita. the United States (16%).

2011

2011 Emissions CO2 Global

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. —Brandt et al.

Oil

Oil Oil-Sands Fuel Economy Transportation

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Green Car Congress

OCTOBER 25, 2009

The focus of the work was on alternative jet fuels that could be available commercially in the next decade using primarily North American resources. For world crude oil prices in the range of $100 per barrel, this amounts to a price impact of roughly $5 to $13 per barrel. million bpd. Hileman, David S. Ortiz, James T.

MIT

MIT Oil-Sands Commercial Available

Toyota digs for Lithium

Revenge of the Electric Car

JANUARY 20, 2010

From the Reuters post: “A sister company to Toyota Motor Corp secured a lithium supply deal in Argentina on Wednesday that could help the world’s largest automaker keep its lead in gasoline-electric hybrid cars. For more information read: Toyota in Argentine Lithium Deal for Hybrid Car Push. By Eriko Amaha for Reuters.

Toyota

Toyota Argentina Nickel Metal Hydride Lithium Ion

PBL analysis finds that resources are not depleted, but expensive; badly functioning markets and wrong policies

Green Car Congress

MARCH 14, 2011

Current high prices of food, oil and many other resources are indications of increasing scarcity. Global Resource Scarcities and Policies in the European Union and the Netherlands”, examines scarcity using a framework comprising three dimensions: physical, economic and political. Source: PBL. Click to enlarge.

Market

Market Netherlands Price Oil

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Green Car Congress

SEPTEMBER 28, 2011

Although biofuels have other economic or security advantages, DOE understands that any drop-in liquid fuel will not insulate consumers from the global oil price. Yet, reliance on oil is the greatest immediate threat to US economic and national security, and also contributes to the long-term threat of climate change.

Transportation

Transportation Fuel Economy Light Fuel

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The US moves steadily towards meeting all of its energy needs from domestic resources by 2035. Contributions to global oil production growth. Technology and oil. Source: IEA. Click to enlarge.

Oil

Oil 2013 Energy Emissions

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

NOVEMBER 13, 2011

Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. —WEO 2011.

Oil

Oil Transportation Cheap Fleet

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

FEBRUARY 4, 2011

While US automakers are working on PEVs, the US electric vehicle industry lags behind other regions—particularly Asia—in the areas of battery manufacturing, supply chain development, and raw materials production. The potential impacts of PEVs on climate change are of particular concern.

Plug-in

Plug-in 2015 Plug Recharge

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Green Car Congress

FEBRUARY 1, 2014

Notable changes since the prior Draft Supplemental Environmental Impact Statement include an expanded analysis of potential oil releases; an expanded climate change analysis; an updated oil market analysis incorporating new economic modeling; and an expanded analysis of rail transport. million bpd in 2010 to 6.5

Oil-Sands

Oil-Sands Nebraska Oil Montana

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

Cleantech Blog Cleantechblog.com, the premier cleantech site for commentary on news and technology relating to clean tech, greentech, energy, climate change and carbon, and the environment. Ontological Shock An Open Letter to Fred Krupp Report from GridEcon Conference SGS Climate Change Head on the First Carbon Credit.

Grid

Grid Electric Vehicles Vehicles Oil-Sands

EV Driven

Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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

CFR Report Says Energy Security and Climate Change Concerns With Oil Sands Can be Reconciled

EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

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

Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Belfer Center Brief Urges Higher, Stable Energy Prices to Achieve Long-Term Energy Policy Objectives

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

Refiners and Truckers Associations Challenge California LCFS in Federal Court

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Toyota digs for Lithium

PBL analysis finds that resources are not depleted, but expensive; badly functioning markets and wrong policies

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

State Department releases Keystone XL Final Supplemental Environmental Impact Statement

Cleantech Blog: Smart Grids and Electric Vehicles

Stay Connected