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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases. Today’s new plants are tomorrow’s retrofits.

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Baker Institute expert suggests assumptions about oil’s influence on politics in the Middle East should be reversed

Green Car Congress

But recently the countries of the Middle East and North Africa have become recognized as important centers of energy demand. Finally, in many MENA countries, government policies that made available low-priced fuel and electricity contributed to an ‘entitlement mentality’ among citizens toward cheap energy. —Jim Krane.

Oil 150
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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. The report was released on the opening day of KPMG’s global “Business Perspective on Sustainable Growth: Preparing for Rio+20” summit occurring this week in New York.

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Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

With announcement of a historic nuclear deal framework between Iran and six global powers: America, France, Britain, China, Russia and Germany on April2, 2015, there is a good possibility that Iranian crude oil exports will increase greatly after June 2015 when the final nuclear deal is signed. Iran Nuclear Deal: A warning sign for OPEC?

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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

This scenario assumes a full global consensus for action on climate change. A wave of green globalization allows all countries to share in the benefits of decarbonization. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas.

Carbon 207
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. The passenger vehicle fleet doubles to almost 1.7 billion in 2035. —WEO 2011.

Oil 247
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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

Such an economy could be largely self contained—the technical term is autarkic —as indeed it was during the Soviet era. But Russia now has a huge ally in the world’s largest economy, China. The main alternative, liquefied natural gas delivered by ship, was far more expensive, as was gas delivered by pipelines from North Africa.

Ukraine 120