Remove 2016 Remove Climate Remove Oil Remove Renewable
article thumbnail

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.

Oil 418
article thumbnail

Neste: use of our renewable fuels reduced global climate emissions by 8.3 million tons in 2017

Green Car Congress

Replacing fossil fuels with Neste’s renewable fuels reduced global climate emissions altogether by a 8.3 The emission reduction is calculated by comparing the life cycle greenhouse gas emissions of the renewable fuels that Neste produces in a year to the life cycle emissions of conventional European diesel.

Renewable 150
article thumbnail

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
article thumbnail

EEA report: EVs are better for climate and air quality

Green Car Congress

Promoting renewable energy and circular economy—including the shared use of vehicles and product design that supports reuse and recycling—will help maximize the benefits of shifting to electric vehicles, according to the report. The EEA has also published a new briefing on the environmental and climate impacts of transport.

Climate 268
article thumbnail

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
article thumbnail

ExxonMobil predicts peak in light-duty vehicle liquid fuels ~2030, but ongoing role for oil in the mix

Green Car Congress

However, oil will continue to play a leading role in the world’s energy mix, the report finds. In the forecast, global transportation-related energy demand grows close to 30% from 2016 to 2040. Nuclear and renewable energy sources are likely to account for nearly 40% of the growth in global energy demand to 2040. —T.J.

Light 170
article thumbnail

Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

Green Car Congress

An increase in natural gas generation offset some of the climate gains from this coal decline, but overall power sector emissions still decreased by almost 10%. All told, net US GHG emissions ended 2019 slightly higher than at the end of 2016. That’s higher than the 3% gain in 2018, but lower than the 13% gains posted in 2016 and 2017.

Coal 370