Green Car Congress

JANUARY 1, 2011

” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. In the US hybrids fell from about 3% of total sales in 2008-09 to 2.2%

Transportation 250

Transportation Gasoline Lithium Ion Gasoline-Electric 250

Green Car Congress

JUNE 22, 2009

Preliminary analysis suggests that Virent’s BioForming process can compete economically with petroleum-based fuels and chemicals at crude oil prices of $60 a barrel. The BioForming platform is near commercialization. Also in 2008, Shell and Virent announced their collaboration.

Green 150

Green Fuel 2008 Water 150

Green Car Congress

NOVEMBER 9, 2010

We would expect that new reserves of conventional and unconventional oil may become available for exploration due to geological exploration and advances in oil extraction techniques or that extraction from less feasible oil fields becomes more economically attractive. All of these factors would change our predicted outcome.

Davis 300

Davis Renewable Gasoline Market 300

Green Car Congress

FEBRUARY 26, 2010

That’s where government comes in.only the government can help influence [change] by having a price for carbon and technical incentives. ”. Mr. Immelt’s point is that the spike in oil prices to $147/barrel in 2008 is not enough on its own to get automakers to make electric vehicles. It didn’t work very well at first.

Electric Vehicles 186

Electric Vehicles Vehicles Los Angeles Canada 186

Green Car Congress

FEBRUARY 25, 2010

Syncrude’s earlier commercial-scale pilot of wet crushing demonstrated positive results and the technology has been vetted through ExxonMobil’s TQM (Total Quality Management) process. Decisions regarding further upgrading capacity will be considered in the future in the context of evolving heavy/light crude oil price spreads.

Oil-Sands 199

Oil-Sands Oil 2020 Canada 199

Green Car Congress

DECEMBER 15, 2009

At this point, however, it is not clear what sorts of breakthroughs might become commercially viable. Gasoline use for PHEV-10s and PHEV-40s introduced at the Maximum Practical rate and the Efficiency Case from the 2008 Hydrogen Report. It is possible that breakthroughs in battery technology will greatly lower the cost.

Plug-in 186

Plug-in Plug PHEV Hybrid 186

Green Car Congress

MAY 20, 2009

in 2008 to 5,802 million metric tons of carbon dioxide (MMTCO 2 ), down from 5,967 MMTCO 2 in 2007, according to preliminary estimates released by the Energy Information Administration (EIA). Only one other year in the 1990 to 2008 time period experienced a decline: 1.2% Energy-related CO 2 emissions declined by 2.8% Source: EIA.

2008 150

2008 Emissions Carbon Transportation 150