Remove Available Remove Cost Of Remove Gas Remove Pollution
article thumbnail

BloombergNEF forecasts green hydrogen should be cheaper than natural gas by 2050 in some markets; falling costs of solar PV key

Green Car Congress

In a new piece of research, BloombergNEF (BNEF) finds that the levelized cost of hydrogen (LCOH 2 ) made from renewable electricity is set to fall faster than it previously estimated. These costs are 13% lower than BNEF’s previous 2030 forecast and 17% lower than its old 2050 forecast. MMBtu) by 2050 in most modeled markets.

Cost Of 255
article thumbnail

EPA proposes new rulemaking for sharp cuts in methane emissions from oil and gas industry

Green Car Congress

The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Methane is a potent greenhouse gas that traps about 30 times as much heat as carbon dioxide over 100 years.

EPA 243
article thumbnail

Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

Green Car Congress

A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. The open-access paper is published in AGU’s journal GeoHealth.

article thumbnail

Clean Energy Zero Now truck orders surpass 250; heavy-duty trucks fueled by renewable natural gas

Green Car Congress

has reached agreement with trucking firms to lease or purchase more than 250 new heavy-duty trucks, fueled by its Redeem RNG (renewable natural gas). RNG reduces climate pollutants such as greenhouse gas, which takes carbon emissions completely out of trucking. Redeem is the first commercially available RNG vehicle fuel.

Clean 191
article thumbnail

EPA issues updated air pollution standards for oil and natural gas production; first federal rules for fracked natural gas wells

Green Car Congress

In response to a court deadline, the US Environmental Protection Agency (EPA) has finalized standards to reduce air pollution associated with oil and natural gas production. When natural gas is produced, some of the gas escapes the well and may not be captured by the producing company. Methane 1.0 equivalent (CO 2 e)].

Gas 210
article thumbnail

NREL announces $18M investment in 9 new projects to advance medium- and heavy-duty natural gas vehicle technologies

Green Car Congress

The selected projects will focus on reducing the total cost of ownership of NGVs, increasing vehicle efficiency, decreasing local air pollution, and advancing technology development to increase the use of more affordable medium- and heavy-duty natural gas engines and vehicles. Cummins Inc.

Gas 191
article thumbnail

IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Green Car Congress

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. —Joseph McMonigle, secretary general, IEF.

Price 416