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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

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The Next Big Offshore Boom Is About To Happen in Brazil

Green Car Congress

No wonder, then, that as many as 30 companies took part in the bidding round—the first of a total nine rounds, to take place between now and 2019. The auction was closely watched as a gauge of sentiment towards Brazilian oil exploration projects after a decade of Petrobras’ reign in the country’s continental shelf.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

The campaign is expected to have a long-lasting effect on premium parts/vehicle prices in China. Coupled with this, the momentum could lead to downward adjustment in premium pricing, which helps provide solid foundation for premium vehicle penetration to further increase in China in the next decade. million units.

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Toyota digs for Lithium

Revenge of the Electric Car

Toyota Tsusho Corp, a trading house and key Toyota supplier that Toyota owns 22 percent of, just announced that it would be jointly developing a new lithium project in Argentina with the Australian-listed Orocobre Ltd. For more information read: Toyota in Argentine Lithium Deal for Hybrid Car Push. By Eriko Amaha for Reuters. By Eriko Amaha.

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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

LNG bunkering for ships is currently only available in a number of places in Europe, Incheon (Korea) and Buenos Aires (Argentina) but the world’s bunkering grid is developing. However, they can become important parts of the fuel mix in local markets. Ship electrification and renewables.

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Opinion: Busting The “Canadian Bakken” Myth

Green Car Congress

“NEB and GNWT study finds 200 billion barrels of oil in the Sahtu,” gushed CBC News , referring to a region of the sprawling territory that cuts across three provinces and touches the Arctic Ocean. China, and Argentina, combined. But as was mentioned earlier, the NEB did not do that recoverable-oil calculation.

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Are biofuels the answer for green cars? The Green Piece

Green Cars News

It predicts 35 per cent growth in the US; 30 per cent growth in Brazil; and substantial increases in areas including the Asia-Pacific region, France, Germany and Argentina. Increased use of biofuels would require water irrigation in many parts of the world; while water is also needed for boiling and cooling in refineries.