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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

Oil 418
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California 2017 GHG inventory shows 1.2% total drop from 2016; transportation sector emissions up 1%

Green Car Congress

In 2017, emissions from GHG emitting activities statewide were 424 million metric tons of CO 2 equivalent (MMTCO 2 e), 5 MMTCO 2 e lower than 2016 levels and 7 MMTCO 2 e below the 2020 GHG Limit of 431 MMTCO 2 e. Compared to 2016, California’s GDP grew 3.6% It does not include emissions from petroleum refineries and oil production.

2017 230
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California ARB: GHG emissions fell below 1990 levels for first time in 2016; down 13% from 2004 peak; transportation emissions up 2%

Green Car Congress

The California Air Resources Board (CARB) announced that greenhouse gas emissions in California in 2016 fell below 1990 levels for the first time since emissions peaked in 2004—a reduction roughly equivalent to taking 12 million cars off the road or saving 6 billion gallons of gasoline a year.

2004 225
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Arctic oil on life support

Green Car Congress

Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost entirely unexplored. Statoil, the semi-state-owned oil company from Norway, has been an offshore leader and Arctic pioneer.

Oil 150
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LLNL’s Energy Flow Diagrams Show That The US Isn’t Moving The Needle On Climate Action

CleanTechnica EVs

In 7 years of electrification and deployment of wind and solar, the US barely budged the needle, in fact declining slightly to more wasted energy in 2016 and 2017 before improving again in 2018 and onward.

Energy 138
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EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

Green Car Congress

Nearly all of the change in CO 2 emissions in 2019 arose in the electric power sector. in 2019, but power sector CO 2 emissions fell by even more (-8.2%), largely because of increases from renewable sources such as wind and solar. Total net electricity generation fell by 1.5%

2019 273
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Aerial methane survey finds a fraction of point sources responsible for more than a third of California’s methane emissions

Green Car Congress

From August 2016 to October 2018, NASA, through a contract with the two state agencies, flew remote sensing equipment over selected portions of the state. While it does occur naturally, major human-generated sources include landfills, refineries, oil and gas fields, natural gas infrastructure, dairies and wastewater treatment plants.

Emissions 236