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Dominion Energy sets new goal of net zero emissions by 2050 for both power generation, natural gas operations

Green Car Congress

The company had previously committed to cut methane emissions from its natural gas operations by 50% between 2010 and 2030 and carbon emissions from its power generating facilities by 80% between 2005 and 2050. Dominion currently has cut carbon emissions approximately 50% since 2005 and reduced methane emissions by nearly 25% since 2010.

Emissions 207
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Global Carbon Project: Global carbon emissions growth slows, but hits record high

Green Car Congress

The decline of coal use in the European Union and United States is overshadowed by surging natural gas and oil use around the world, according to the researchers. About 40% of global carbon dioxide emissions were attributable to coal use, 34% from oil, 20% from natural gas, and the remaining 6% from cement production and other sources.

Carbon 195
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DOE releases draft of $8B loan guarantee solicitation for advanced fossil energy projects

Green Car Congress

The Advanced Fossil Energy Projects solicitation, authorized by Title XVII of the Energy Policy Act of 2005 through Section 1703 of the Loan Guarantee Program, will be open for comments from industry, stakeholders, and the public until early September. The program is part of President Obama’s climate action plan. Earlier post.).

Energy 199
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Biden Wants 50 By 30. We Can Do It!

CleanTechnica EVs

President Biden has stepped up and made a commitment for the US to reduce carbon emissions 50% by 2030 versus 2005 levels. We need to do it and we can do it! But what is the best path? There is strong underlying logic behind this new commitment. The math is simple but […].

2005 142
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EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

Ethanol FFVs account for 11% of overall vehicle sales in 2040, followed by hybrid electric vehicles (excluding micro hybrids) at 5% of new sales in 2040, up from 3% in 2012; diesel vehicles at 4% in 2040 up from 2% in 2012; and plug-in hybrid vehicles and electric vehicles at about 1% each, both up from negligible shares in 2012.

Oil 290
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IEA: carbon intensity of global energy supply has barely changed in last 20 years; “window of opportunity in transport”

Green Car Congress

The IEA said that this reflects the continued domination of fossil fuels—particularly coal—in the energy mix and the slow uptake of other, lower-carbon supply technologies. In 2012, sales of hybrid-electric vehicles passed the one million mark. Coal technologies continue to dominate growth in power generation.

Carbon 265
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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

Green Car Congress

Projected sales of alternative-fuel vehicles in the AEO2013 Reference case are lower than in AEO2012, with the majority of the reduction reflected in sales of flex-fuel vehicles (FFVs), which in 2035 are about 1.3 million vehicles in 203—about 20% higher than in the AEO2012 Reference case.

Fuel 225