Remove Alternative Fuels Remove Carbon Remove Global Remove Oil
article thumbnail

Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

Green Car Congress

New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

Oil 305
article thumbnail

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

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.

Oil 259
article thumbnail

Casterra to sell castor seeds for cultivation to leading oil and gas company; $9.1M initial purchase

Green Car Congress

signed a framework agreement to sell seeds of its proprietary castor varieties to one of the world’s leading oil and gas companies for cultivation in specific African territories. Casterra’s high-yield, high-oil castor seed varieties are optimized for biofuel production to support the growing market of sustainable energy.

Oil 276
article thumbnail

List of The Best 10 Alternative Fuels for Cars that Could Replace Gasoline

Get Electric Vehicle

Which are the alternative fuels for cars that could replace gasoline in vehicle? Are you aware of the most commonly used fuel in automobiles? The answer is petroleum fuels. The fossil fuels are highly significant in the global economy. Do we have enough fuels for the future use?

article thumbnail

Navigant Research: plug-in electric vehicles close to becoming leading alternative fuel platform, best positioned to lead future

Green Car Congress

By 2030, annual PEV sales are estimated to be between 15% and 32% of the global light duty vehicle market, producing a global PEV population between 107 million and 190 million. These include vehicle availability, consumer awareness, charging infrastructure, and threats from competing alternative fuels or fuel efficiency solutions.

article thumbnail

Former president of Shell Oil calls for aggressive action on alternative fuels to break oil monopoly on transportation

Green Car Congress

John Hofmeister, former President of Shell Oil Company and founder and CEO of Citizens for Affordable Energy (CFAE), is joining the Fuel Freedom Foundation (FFF) Advisory Board. There will not be enough oil to stay on the path we’re on globally over the short- and medium-, let alone the long-term. —John Hofmeister.

article thumbnail

Continental Aerospace Technologies finalizing HVO testing for use in CD-100 engine series

Green Car Congress

Continental, a subsidiary of Continental Aerospace Technologies Holding Limited, is finalizing testing of Hydrotreated Vegetable Oil (HVO) as a sustainable fuel option in its CD-100 series of engines. HVO is a renewable and carbon-neutral fuel alternative.

Engine 195