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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.).

Oil-Sands 314
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Concord Energy and cellulosic biogasoline company Cool Plant to establish JV in Asia-Pacific region

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Concord Energy, one of Singapore’s leading crude oil and refined petroleum product trading companies, has signed an agreement with cellulosic biogasoline company Cool Planet Energy Systems ( earlier post ) to establish a joint venture in the Asia-Pacific Region.

Asia 220
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Mitsui and Inbicon Sign Cellulosic Ethanol Licensing Agreement for Biomass Refineries in Southeast Asia

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The agreement grants Mitsui the right to build a number of biomass refineries in Southeast Asia using Inbicon’s technology. Mitsui intends to apply the technology in the palm oil industry, where wastes from palm oil production can be converted into ethanol, solid biofuel for energy production, and animal feed.

Asia 186
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Lishen and ZAP in strategic alliance; funding for several thousand EV conversions in US

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ZAP plans to utilize this financing alliance to pursue other volume fleet opportunities in the Americas and SE Asia. It is majority owned by China National Off-shore Oil (CNOOC), various Tianjin funds and large energy corporations in China.

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Study finds GHG emissions associated with palm oil production have been significantly underestimated; implications for carbon intensity of biofuels as well as biofuel policies in Europe

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A new study on greenhouse gas (GHG) emissions associated with the conversion and degradation of peatland in palm oil plantations in Southeast Asia has determined that past studies have generally significantly underestimated emissions associated with palm oil grown on peatland. Southeast Asia.

Oil 239
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Fincantieri and Enel Green Power Italia to explore use of green hydrogen in ports and long-range maritime transport

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Enel Green Power, within the Enel Group, develops and operates renewable energy plants worldwide and is present in Europe, the Americas, Asia, Africa and Oceania. Fincantieri is one of the world’s leading shipbuilding complexes, the only one active in all sectors of high-tech naval engineering.

Green 170
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EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

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World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. In the IEO2011 Reference case the price of light sweet crude oil (in real 2009 dollars) remains high, reaching $125 per barrel in 2035.

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