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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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ICCT report finds expected surge in renewable diesel production could have damaging environmental impacts due to feedstock demand

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Already the growth of renewable diesel production is impacting feedstock markets, with many analysts identifying growth in renewable diesel as a factor contributing to recent record soy oil prices. It may be appropriate for state programs to consider limiting the contribution from renewable diesel.

Renewable 243
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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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The model uncovers an important consideration for government agencies as they create regulations to address climate change: To reduce carbon emissions by reducing demand for oil, policymakers must take into account the global oil market’s structure. 2021) “Carbon implications of marginal oils from market-derived demand shocks.”

Oil 305
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IIASA: removing fossil fuel subsidies will not reduce CO2 emissions as much as hoped

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Fossil fuel subsidies amount to hundreds of billions of dollars worldwide, and removing them has been held up as a key answer to climate change mitigation. However, the study found that the growth of CO 2 emissions by 2030 would only be 1-5% lower than if subsidies had been maintained, regardless of whether oil prices are low or high.

Emissions 186
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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

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An increase in Saudi oil production could also be incentivized by expectations that restrictions on burning of fossil fuel will intensify in the future, as importing states impose policies aimed at mitigating greenhouse gas emissions causing climate change. Climate risk could also weigh into a decision to raise output.

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

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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. Levi, CFR’s David M.

Oil-Sands 150
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Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

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This transformation, they write, which poses challenges and opportunities for economic growth and climate policy, demands technologies that are not yet commercialized and coordination of investment, technology development, and infrastructure deployment. rather than relative prices of technology, energy, or carbon as. electricity.

Climate 262