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

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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. The greater competitiveness of alternative fuels and the weaker economy in that scenario contribute to lower oil use overall.

Oil 259
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Earlier post.).

Financing 150
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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

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In addition to Daimler, partners in the “H2 Mobility” initiative include EnBW, Linde, OMV, Shell, Total, Vattenfall and the NOW GmbH (National Organization Hydrogen and Fuel Cell Technology). billion) in the development of fuel cells. The project is open for other interested partners. Earlier post.).

Germany 268