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3 Oil Majors That Bet Big On Renewables

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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.

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

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in 2019 based on preliminary energy and economic data. All told, net US GHG emissions ended 2019 slightly higher than at the end of 2016. The switch from coal to natural gas and renewables in the electric power sector accounts for the majority of the progress the US has made in reducing emissions over the past decade.

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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

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According to EIA’s January Short-Term Energy Outlook (STEO) , global liquid fuel consumption will exceed 100 million barrels per day, on average, in 2023 for the first time since 2019, then average more than 102 million barrels per day in 2024. Areas of uncertainty include Russian oil supply and OPEC production. per gallon in 2024.

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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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CARB publishes 2020 CI values for electricity as transportation fuel: average 82.92 gCO2e/MJ, up from 2019

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gCO 2 e/MJ used in 2019. The current certified average CI—based on the average crude oil supplied to California refineries and average California refinery efficiencies—of CARBOB—the standard grade of gasoline supplied to the California market— is 100.82 gCO 2 e/MJ. gCO 2 e/MJ.

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Study: air pollution caused 1.1M deaths across Africa in 2019, toll from outdoor pollution rising

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Deaths attributable to household air pollution and ambient particulate matter (PM 2.5 ) air pollution in Ethiopia, Ghana, Rwanda, and overall in Africa, 1990–2019. Fossil fuel combustion has driven an increase in outdoor air pollution that in 2019 killed 29.15 Air pollution was responsible for 1.1 Air pollution was responsible for 1.1

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Phillips 66 and Renewable Energy Group plan large-scale renewable diesel facility on West Coast

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Phillips 66 and Renewable Energy Group, Inc. announced that planning is underway for the construction of a large-scale renewable diesel plant on the US West Coast. The plant would utilize REG’s proprietary Bio-Synfining technology for the production of renewable diesel fuel. from the intermediate renewable hydrocarbons.

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