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IHS Markit: US oil producers to halt 1.75 MMb/d per day of production; Canada to cut 0.5 MMb/d

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The oil market fear that characterized March and the extreme price pressure that producers felt in April have galvanized producers across North America into unprecedented action. Private ownership involves a complex web of legal implications for hundreds of thousands of individual lease contracts and millions of stakeholders.

Oil 186
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Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

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North America, Europe, and Asia Pacific will continue to drive PEV sales, as the technology will have only limited availability in the emerging markets of Latin America and Africa. Too, the planned expansion of the supercharger network in North America to address charging infrastructure concerns will require at least $62 million.

2014 346
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EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

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Beginning with its February Short-Term Energy Outlook (STEO), EIA incorporated revisions to historical international liquids consumption data into the STEO’s international liquid fuels market balances. Methanol, like ethanol, is an alcohol with inherent issues such as its solubility in water and corrosiveness. Click to enlarge.

2000 150
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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

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Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. The growth in hydrous ethanol, which uses a blend of 94-95% ethanol to 5-6% water, rapidly increased during the 1980s, with consumption peaking in 1989.

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Final session on international mercury convention this week expected to culminate in agreement; UNEP Global Mercury Assessment 2013 finds industrial source Hg emissions may be rising

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The fifth and final session of negotiations on the establishment of an international mercury convention—International Negotiating Committee on Mercury (INC5)—is taking place this coming week in Geneva. Anthropogenic releases of mercury to water total 1000 tonnes at a minimum.

Mercury 262
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Perspective: The Role of Offsets in Climate Change Legislation

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Some offset projects may provide further benefits, such as: (a) the promotion of sustainable development; (b) improvements in air or water quality; (c) the creation of new domestic and international economic opportunities; and (d) the incentivization of innovation as parties seek new methods of generating offsets. nonpermanence).

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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From an official point of view, COP 15 is to be informed by the most recent report from the UNFCCC’s International Panel on Climate Change (IPCC), the Fourth Assessment Report (AR4), published in 2007. “ We are not aiming to let anyone off the hook. Climate Change And The IPCC Fourth Assessment Report.

Climate 236