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OMV says it will stop oil and gas production by 2050 in transformation to net-zero

Green Car Congress

Austria-based OMV, an international, integrated oil, gas and chemicals company, announced its intention to become a net-zero (Scope 1, 2 and 3) company by no later than 2050. The company can build on a strong position. The production of oil and gas for energy use will be completely stopped by 2050.

Oil 465
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Is Europe’s Nuclear Phaseout Starting to Phase Out?

Cars That Think

In the depths of the 1970s oil crisis, French prime minister Pierre Messmer saw an opportunity to transform his country’s energy supply. Following somewhat in Messmer's footsteps, French president Emmanuel Macron announced a plan earlier this month to build at least six new reactors to help the country decarbonize by 2050.

France 98
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

The first buyers will be fleet users, which will build central fast-charging facilities. Put simply, this little-known upstart has accelerated ahead of its much bigger rivals in the race to build an affordable electric car. Today BYD employs 130,000 people in 11 factories, eight in China and one each in India, Hungary, and Romania.

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