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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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China to be Site of First Commercial Implementation of TRIG Coal Gasifier

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The contract award marks China as the site for the first worldwide commercial implementation of the TRIG technology with the goal of producing low-emission, coal-based electricity. TRIG coal gasification technology was co-developed developed by Southern Company, KBR Inc., (Dongguan TMEP) in Guandong Province, Peoples Republic of China.

Coal 236
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Tsinghua University provincial-level lifecycle study finds fuel-cycle criteria pollutants of EVs in China could be up to 5x those of natural gas vehicles due to China’s coal-dominant power mix

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In regions where the share of coal-based electricity is relatively low, EVs can achieve substantial GHG reduction, the team reports in a paper in the ACS journal Environmental Science & Technology. According to the 12 th Five-Year Plan of the China Coal Industry (2011?2015)

Coal 231
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ConocoPhillips announces sanction of $6B second train for Australia Pacific coal seam gas to LNG project; Sinopec interest to increase

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million tonnes per annum (MTPA) production train for its Australia Pacific LNG coal seam gas (CSG) to liquefied natural gas (LNG) project in Queensland, Australia. The estimated gross capital cost associated with the second train is US$6 billion, with a total two train project cost of US$20 billion. Sinopec Corp.’s

Australia 225
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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 ). But these hidden costs (externalities) are not reflected in fossil fuel prices. Oil demand would be reduced by 3.7

Renewable 312
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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

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The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Shale gas offsets declines in other US supply to meet. Source: EIA. Click to enlarge.

Gas 199
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KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing

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Energy executives expect continued volatility in the price-per-barrel of oil for the remainder of the year, with 64% predicting crude prices to exceed $121 per barrel. Only 35% think current crude prices are near the high they expect for oil this year, predicting the peak will be between $111 and $120 per barrel.

Oil 225