Green Car Congress
SEPTEMBER 22, 2022
Neste Corporation and Marathon Petroleum Corporation (Marathon) announced an agreement to establish a 50/50 joint venture to produce renewable diesel following a conversion project of Marathon’s refinery in Martinez, California (the Martinez Renewable Fuels project ). Earlier post.). —Matti Lehmus, Neste’s President and CEO.
Green Car Congress
JULY 15, 2021
Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.
Green Car Congress
JULY 17, 2022
E-fuels company HIF (Highly Innovative Fuels) Global has begun the development of Australia’s first large-scale, carbon-neutral eFuels production facility in Tasmania. Our global plan is to produce over 8 billion liters a year of carbon-neutral eFuels—enough to decarbonize 5 million vehicles. Earlier post.).
Green Car Congress
MARCH 13, 2020
BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.
Green Car Congress
OCTOBER 7, 2021
In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —EIA Acting Administrator Stephen Nalley.
Green Car Congress
APRIL 8, 2023
Bridgestone Americas has produced a run of demonstration tires made with 75% recycled and renewable materials (38% renewable, 37% recycled content), including synthetic rubber made with recycled plastics and natural rubber harvested from hevea and guayule grown domestically.
Green Car Congress
JULY 1, 2022
The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. BloombergNEF’s estimates for the global LCOE for utility-scale PV and onshore wind rose to $45 and $46 per megawatt-hour (MWh), respectively, in the first half of 2022. The latter cost at $74 and $81 per MWh, respectively.
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