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Global geothermal industry passes 12,000 MW operational

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The global geothermal industry surpassed 12,000 MW of geothermal power operational, with about 600 MW of new geothermal power coming online globally, according to a year-end update by the Geothermal Energy Association (GEA). New project announcements have increased the resource under development to about 30,000 MW.

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Lux: California’s Low Carbon Fuel Standard will become a global phenomenon; carbon intensity, not volume

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California’s approach to transportation fuel policy—its Low Carbon Fuel Standard (LCFS)—will become a global phenomenon, suggests Lux Research. Not all countries are positioned to support a biofuels industry as it is designed today. This model does not offer a ubiquitous solution.

Carbon 150
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The Global Outlook of Electric Vehicles

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Needless to say, EV sales are increasing globally. Coming in second is Norway, followed by Sweden, Germany and the United Kingdom rounding out the top five countries for EV adoption, according to the most recent version of the Electric Vehicle Country Readiness Index from ​​ Ernst & Young Global Ltd.

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ICCT life-cycle analysis finds no climate benefit in using LNG as marine fuel

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Moreover, to comply with IMO’s 2020 global sulfur limit, ships must either switch from HFO to more expensive very low sulfur fuel oil (VLSFO) or use HFO with a scrubber, if they have one installed. The shipping industry increasingly is also looking to LNG as a way to meet the International Maritime Organization’s (IMO) climate goals.

Mariner 427
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ExxonMobil projects natural gas will overtake coal as second most widely used source of energy by 2025

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This historic shift of global energy markets toward increased use of natural gas will create new opportunities for economic growth and environmental progress, said Rex W. Tillerson, chairman and CEO of Exxon Mobil Corporation in a speech at the 25 th World Gas Conference in Malaysia. —Rex Tillerson. —Rex Tillerson.

Coal 244
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Evonik and LanzaTech working on bio-processed precursors for specialty plastics

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Evonik Industries and LanzaTech have signed a three-year research cooperation agreement which will see Evonik combining its existing biotechnology platforms with LanzaTech’s synthetic biology and gas fermentation expertise for the development of a route to bio-processed precursors for specialty plastics from waste-derived synthesis gas.

Malaysia 218
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GECF: more than a quarter of 2050 natural gas supply untapped

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Yet-to-find (YTF) resources will contribute to around 30% of the total production of natural gas worldwide by 2050, according to Yury Sentyurin, the Secretary General of the Gas Exporting Countries Forum (GECF).