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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

Coal 210
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Worldwatch: Fossil fuel subsidies continue to outweigh those for renewable energy; international pledges on reform unfulfilled

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In 2011–12 India’s subsidies and under-recoveries for fuel totalled INR1.4 of the GDP for 2011–12, according to the International Institute for Sustainable Development’s Global Subsidies Initiative ( GSI ). Since 2007, roughly 80% of spending on consumption subsidies occurred in countries that are net exporters of fossil fuels.

Renewable 312
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PBL/JRC: Global CO2 emissions increase to new all-time record in 2013, but growth is slowing down

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The emissions increase in the United States in 2013 (+2.5%) was mainly due to a shift in power production from gas back to coal together with an increase in gas consumption due to a higher demand for space heating. The consumption of oil products increased by 1.7% The consumption of oil products increased by 1.7%

2013 240
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EIA: natural gas use for power falls as industrial use continues to rise; higher prices, cooler summer

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For the first eleven months of 2013, natural gas consumption in the electric power sector was below 2012 levels because of relatively higher natural gas prices compared with coal prices, and cooler summer weather compared with 2012, according to the US Energy Information Administration (EIA).

Gas 230
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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

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Among its many findings, the Reference case suggests that US primary energy consumption will grow by 7% from 2011 to 2040 to 108 quadrillion Btu. However, energy use per capita declines by 15% from 2011 through 2040 as a result of improving energy efficiency (e.g., quadrillion Btu in 2011 to 14.0 Overall findings.

Fuel 225
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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RPS policies as of March 2011. In contrast, China’s 12 th five-year plan, March 5, 2011, requires 11.4 The 70’s oil crisis came and went; the loss of USA domestic market share occurred and a recent bankruptcy wave that hit the industry. Perspective by The Townsend Company. Source: DSIRE. Click to enlarge.

Renewable 220
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Study: even with high LDV electrification, low-carbon biofuels will be necessary to meet 80% GHG reduction target; “daunting” policy implications

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For the study, the team reconstructed the vehicle technology portfolios from two national vehicle studies (the 2007 Environmental Assessment of Plug-In Hybrid Electric Vehicles by the Electric Power Research Institute and Natural Resources Defense Council; and the 2009 Multi-Path Transportation Futures study by Argonne National Laboratory).

Carbon 150