Remove 2005 Remove Climate Change Remove International Remove Oil
article thumbnail

Viridos executes agreement with ExxonMobil to help scale algae biofuels toward commercial levels

Green Car Congress

At that time, ExxonMobil expected to spend more than $600 million, which includes $300 million in internal costs. In the past few years Viridos’ leadership in engineering microalgae has achieved greater than 5x bio-oil productivity increases by increasing both the oil content in the algae and the algae yield. Earlier post.).

article thumbnail

UK Government approves Statoil’s US$7B development of North Sea Mariner heavy oil field

Green Car Congress

The UK government’s Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field. The average production is estimated at around 55,000 barrels of oil per day over the plateau period from 2017 to 2020. Click to enlarge.

Mariner 225
article thumbnail

Study finds that worldwide SO2 emissions rose between 2000-2005 after decade of decline; China, shipping topped growth

Green Car Congress

Global sulfur dioxide (SO 2 ) emissions peaked in the early 1970s and decreased until 2000, with an increase in recent years due to increased emissions in China, international shipping, and developing countries in general, according to a new analysis appearing in the open access journal Atmospheric Chemistry and Physics. Click to enlarge.

2005 186
article thumbnail

Study: Kerry-Lieberman Bill Would Cut US Oil Imports By Up to 40% Below Current Levels

Green Car Congress

A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

Oil 220
article thumbnail

US State Department Issues Permit for Alberta Clipper Pipeline for Oil Sands Crude Delivery to US

Green Car Congress

The US State Department has issued a Presidential Permit to Enbridge Energy, Limited Partnership to enable construction of the Alberta Clipper pipeline for the transport of crude oil from the Canadian oil sands to US refineries. This week, the RFA happened to issue two pieces, each touching on the impact of oil sands production.

Oil-Sands 220
article thumbnail

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

KPMG developed 3 nexuses linked by climate change to represent the challenges of sustainable growth. In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. —“Expect the Unexpected: Building Business Value in a Changing World”.

article thumbnail

Belfer Center Study Concludes Reducing Car and Truck GHG Emissions Will Require Substantially Higher Fuel Prices; Income Tax Credits for Advanced Alt Fuel Vehicles Are Essentially Ineffective at Reducing Sector Emissions

Green Car Congress

The dashed blue line is 2005 emissions; the scale on the right shows the percent of 2005 level. Direct transportation (fuel) taxes generate the greatest reductions in CO 2 emission from transportation, achieving CO 2 emissions at 86% of 2005 levels by about 2025. Source: Morrow et al. Click to enlarge.