Remove Carbon Remove Cheap Remove Oil Prices Remove Price
article thumbnail

Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

Most notably, a rise in Saudi crude-oil output could trigger a damaging period of global oversupply, said Jim Krane, the Wallace S. This glut could be exacerbated by future carbon taxes and other policy restrictions on fossil fuels, he said. Internationally, Saudi Arabia also faces conflicting priorities for its crude oil.

article thumbnail

Forecast: Algae-Based Biofuels Production to Reach 61M Gallons per Year by 2020

Green Car Congress

Both regions will benefit from rapidly expanding biofuels markets, ample land and water resources, and cheap labor, Pike suggests. Countries with significant dependence on foreign imports of oil will likely show increased interest in algae-based biofuels if oil prices continue to rise over the next decade.

2020 319
article thumbnail

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

Fossil fuel-dependent transportation industries such as aviation, shipping and manufacturers that use petroleum as a process input, such as plastic or chemical producers, will need robust strategies and plans to address fuel price volatility and potential shortages, KMPW warns. Population Growth: The world population is expected to grow to 8.4

article thumbnail

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Alternative technologies, such as hybrid and electric vehicles that use oil more efficiently or not at all, continue to advance but they take time to penetrate markets. Without a bold change of policy direction, the IEA warned at the launch, the world will lock itself into an insecure, inefficient and high-carbon energy system.

Oil 247
article thumbnail

Not So Prolific: US Shale Faces A Reality Check

Green Car Congress

The collapse of oil prices has forced the US shale industry to slash production costs. All three of those strategies led to a decline in the breakeven price for a shale wells. This item accounted for about 35% of the break-even price reduction.” We are producing cheap oil today, leaving costly oil for tomorrow.

Oil-Sands 150
article thumbnail

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Cleantech Blog Cleantechblog.com, the premier cleantech site for commentary on news and technology relating to clean tech, greentech, energy, climate change and carbon, and the environment. Cleantech Crunched Top 10 Low Carbon Footprint Cars (and one SUV) for. Tree Planting as Carbon Offsets – Does Latitude Ma.

Grid 28
article thumbnail

Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

BYD’s conventional gas-powered cars are selling well these days in China, and his electric plug-in electric model looks like it will come to market with a longer range and a lower sticker price than the new Toyota Prius much-hyped Chevy Volt. They are the top of the top,” Mr. Wang told me, when I visited BYD last year.

Chinese 28