article thumbnail

Bridgestone awarded $35M USDA Climate-Smart Grant to advance guayule natural rubber production

Green Car Congress

The US Department of Agriculture has awarded Bridgestone and several partners a $35-million grant to continue its investment in desert shrub guayule ( earlier post ) to advance a climate-smart domestic rubber industry and offer a solution for growers amid the ongoing water crisis in the Southwestern US.

Grant 195
article thumbnail

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

Green Car Congress

Columbia University’s Center on Global Energy Policy and the University of California, Davis Institute of Transportation Studies analyzed four scenarios to understand how COVID-19 and other political, economic, social and technological drivers may impact transportation activity and global oil demand.

Oil 259
article thumbnail

Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

Green Car Congress

A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. Results show that in more aggressive scenarios—i.e.,

article thumbnail

Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets

Green Car Congress

Mining giant Rio Tinto will invest around $1 billion over the next five years to support the delivery of its new climate change targets and a company objective for net zero emissions from operations by 2050. The production of aluminium, copper and high-grade iron ore will play a part in the transition to a low carbon economy.

article thumbnail

MIT report finds China’s actions on climate change crucial; argues for global economy-wide greenhouse gas tax

Green Car Congress

The report—titled “The Role of China in Mitigating Climate Change” and published in the journal Energy Economics , compares the impact of a stringent emissions reduction policy with and without China’s participation. The researchers argue for a global economy-wide greenhouse gas tax that spreads the burden of responsibility.

article thumbnail

Energy researchers: clean US hydrogen economy is within reach, but needs a game plan

Green Car Congress

Addressing climate change requires not only a clean electrical grid, but also a clean fuel to reduce emissions from industrial heat, long-haul heavy transportation, and long-duration energy storage. However, they note, a clean US hydrogen economy will require a comprehensive strategy and a 10-year plan. —Arun Majumdar.

Hydrogen 199
article thumbnail

Cambridge study finds globalized economy making water, energy and land insecurity worse

Green Car Congress

Researchers from the University of Cambridge used macroeconomic data to quantify these pressures. The researchers are calling for an urgent inquiry into the scale and source of consumed goods and services, both in individual countries and globally, as economies seek to rebuild in the wake of Covid-19.

Water 170