article thumbnail

Sasol to Study Viability of $10B Coal-to-Liquids Project in Indonesia

Green Car Congress

Sasol and the Indonesian government have signed a preliminary agreement to study the viability of developing a coal-to-liquids facility project in Indonesia, with estimated project cost of more than $10 billion. This is in line with Indonesia’s energy policy, which aims to diversify from oil to coal.”.

Indonesia 186
article thumbnail

Fossil Fuel Production Up in 2008 Despite Recession

Green Car Congress

World production of fossil fuels—oil, coal, and natural gas—increased 2.9% Coal has led the growth in fossil fuel production. In 2000, coal provided 28% of the world’s fossil fuel energy production, compared with 45% for oil. By 2008, coal production represented a third of fossil energy production. Mtoe per day.

2008 150
article thumbnail

Study concludes abundant shale gas is neither climate hero nor villain; need for targeted GHG reduction policy

Green Car Congress

They also found that abundant natural gas can, however, help reduce the costs of achieving GHG reduction goals. Shale gas in particular has grown rapidly, from less than one percent of US production in 2000 to 34% in 2012, and projections show strong production growth continuing for the foreseeable future.

Climate 199
article thumbnail

Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

Remember when the dot.com bubble burst in 2000 and, seemingly overnight, some companies ceased making millions hand-over-fist? With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh

Solar 246
article thumbnail

IPCC: GHG emissions accelerating despite mitigation efforts; major institutional and technological change required to keep the heat down

Green Car Congress

giga tonne carbon dioxide equivalent (GtCO 2 eq) (2.2%) per year from 2000 to 2010 compared to 0.4 GtCO 2 eq (1.3%) per year from 1970 to 2000. Total anthropogenic GHG emissions were the highest in human history from 2000 to 2010 and reached 49 (±4.5) Increased use of coal relative to other energy sources has reversed the long?

Emissions 257
article thumbnail

U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas. —Christopher Knittel.

Chicago 150
article thumbnail

DOE Selects Two SOFC Projects to Move Into Next SECA Phase

Green Car Congress

The projects—led by FuelCell Energy, in partnership with VersaPower Systems, and Siemens Energy—have successfully demonstrated solid oxide fuel cells (SOFCs) designed for aggregation and use in coal-fueled central power generation. Cost of $700 per kilowatt (2007 dollars) for an integrated fuel cell power block.

Coal 150