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Nearly 20% of intact tropical forest landscapes overlap with extractive industries

Green Car Congress

A new study from WCS (Wildlife Conservation Society) and WWF finds that nearly 20% of tropical Intact Forest Landscapes (IFLs) overlap with concessions for extractive industries such as mining, oil and gas. Intact forests are declining rapidly, with more than 7 percent of their total area lost between 2000 and 2013. Grantham et al.

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USGS new estimates of global undiscovered, technically recoverable conventional oil and natural gas, excluding US

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USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources of the world. Many new areas were included in the current study, defining and assessing 313 assessment units throughout the world, as compared to 246 in 2000. Geological Survey (USGS) released today.

Oil 218
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BASF and Gazprom agree on asset swap; BASF’s Wintershall expanding production of oil and gas, exiting gas trading and storage business

Green Car Congress

Through the swap, BASF aims to further expand its production of oil and gas via its wholly owned subsidiary Wintershall —Germany’s largest internationally active crude oil and natural gas producer—and to exit the gas trading and storage business. billion barrel of oil equivalent. This is equivalent to a total of 2.4

Gas 218
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GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

Worldwide, billions of cubic meters (bcm) of natural gas are wasted annually, typically as a by-product of oil extraction. Depending on region, these may include power generation; gas re-injection (for enhanced oil recovery, gathering and processing); pipeline development and distributed energy solutions. Advance local solutions.

Waste 260
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Study finds rising temperatures increase risk of unhealthy ozone levels absent sharp cuts in precursors

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These gases come from human activities such as combustion of coal and oil as well as natural sources such as emissions from plants. In addition to NCAR, the study co-authors are from the Pacific Northwest National Laboratory; University of Colorado, Boulder; and North-West University in South Africa. Pfister, G. Walters, J.-F.

Ozone 199
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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

Russia is the world’s second largest producer of crude oil, behind the United States and ahead of Saudi Arabia, and its second largest exporter, behind Saudi Arabia. On 28 February, British Petroleum announced it would divest itself of its nearly 20 percent share of Rosneft , Russia’s state oil company.

Ukraine 119
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

Green Car Congress

Since 2000, the global rate of decarbonization has averaged 0.8%; from 2010 to 2011, global carbon intensity fell by just 0.7%. Other G20 (Australia, Korea, EU, South Africa, Saudi Arabia, Argentina). Because of this slow start, global carbon intensity now needs to be cut by an average of 5.1% a year from now to 2050.