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Study finds global oil demand likely to grow despite pandemic, climate policies

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Only under the final scenario—named “Forced Revitalization”—in which the pandemic’s disruptive impact to the global economy and mobility combined with strong government intervention to accelerate alternative technologies did oil demand decline after 2025. C temperature rise along the net zero carbon trajectory.

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CARB: clean fuels replaced more than 50% of diesel used in California in Q1 2023

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Clean fuels replaced more than 50% of the diesel used in the state in the first quarter of 2023, according to the California Air Resources Board (CARB). Source: CARB Carbon intensity for the LCFS program is measured through lifecycle analysis of a fuel which includes all steps from extraction, transport, and production.

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FedEx commits to carbon-neutral operations by 2040

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home of the world’s largest cargo airline, has set a goal to achieve carbon–neutral operations globally by 2040. To help reach this goal, FedEx is designating more than $2 billion of initial investment in three key areas: vehicle electrification; sustainable energy; and carbon sequestration. Sustainable Fuels. FedEx Corp.,

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DHL Express is piloting first hydrogen truck throughout Deutsche Post DHL Group

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The program’s goal is to facilitate the development of low-carbon heavy-duty vehicles on hydrogen for logistic applications and gain practical experience in different regions. In a globalized world, sustainable and clean fuels are essential for climate-neutral logistics.

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ExxonMobil expands participation in MIT Energy Initiative’s low-carbon research; Mobility of Future study

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ExxonMobil said extended its support of the MIT Energy Initiative’s (MITEI) low-carbon energy research and education mission by renewing its status as a founding member for another five years. With its renewed membership, ExxonMobil will expand its participation in MITEI’s Low-Carbon Energy Centers.

MIT 150
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Rio Tinto and bp to work together on one-year trial of B30 marine biofuel

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Rio Tinto and bp have agreed to work together on a one-year marine biofuel trial to help reduce carbon emissions from Rio Tinto’s marine fleet. The fuel will be trialed on Rio Tinto’s RTM Tasman vessel on a mix of Transatlantic and Atlantic-Pacific routes, in one of the longest-duration marine biofuel trials to date.

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France launches new climate plan; Euro 7 lead; targeting ending the sale of vehicles emitting GHGs by 2040

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Nicolas Hulot, France’s new minister responsible for environment and energy, presented the country’s new climate plan at a press conference at the Ministry. This measure will be part of a bonus-malus system to reduce the emissions of the French car fleet and to promote the acquisition of EVs.

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