Carbon, Climate Change, Oil and Oil Prices

Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

Green Car Congress

NOVEMBER 4, 2021

New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

Oil

Oil Carbon Global Market

The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

FEBRUARY 28, 2019

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

Oil

Oil Industrial Industry Financing

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Green Car Congress

MARCH 2, 2013

The US Department of State (DOS) has released its Draft Supplemental Environmental Impact Statement (SEIS) in response to TransCanada’s May 2012 application for the Keystone XL pipeline that would run from Canada’s oils sands in Alberta to Nebraska. The pipeline would primarily transport crude oil from the WCSB and Bakken regions.

Climate Change

Climate Change Oil-Sands Nebraska Climate

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

Green Car Congress

SEPTEMBER 13, 2017

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy. m b/d thresh- old.

Saudi Arabia

Saudi Arabia Oil Production Climate

CFR Report Says Energy Security and Climate Change Concerns With Oil Sands Can be Reconciled

Green Car Congress

MAY 24, 2009

Oil sands supply chain. A new report from the Council on Foreign Relations (CFR)— The Canadian Oil Sands: Energy Security vs Climate Change — claims that prudent greenhouse gas regulations can limit emissions from Canadian oil sands while still enabling robust development of the energy resource. Source: Levi 2009.

Oil-Sands

Oil-Sands Climate Change Oil Climate

Ricardo and Kevin J Lindemer LLC to assess the timing and impact of Peak Oil Demand

Green Car Congress

JULY 14, 2011

Proponents of the concept of peak oil supply argue that the world faces a situation—possibly very soon—in which its capacity to produce oil hits a ceiling, with demand subsequently having to adjust as supply begins to decline and alternatives to oil move into the market to fill the gap. Earlier post.).

Oil

Oil Oil Prices Climate Change Supplies

Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

DECEMBER 19, 2010

Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

Coal

Coal Oil Water Oil Prices

Study: Kerry-Lieberman Bill Would Cut US Oil Imports By Up to 40% Below Current Levels

Green Car Congress

MAY 21, 2010

A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

Oil

Oil Climate Change Oil Prices 2005

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

JULY 2, 2013

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

Oil

Oil Oil-Sands Fuel Economy Transportation

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

APRIL 10, 2009

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil

Oil Standards Price Oil Prices

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

Green Car Congress

AUGUST 15, 2010

Examples of emerging oil sands related technologies and trade-offs. The paper is an examination of how various choices about the scale of the life cycle analysis applied to oil sands (i.e., The source material is neither oil nor tar but bitumen, but is most generally described as an example of ultraheavy oil.”.

Oil-Sands

Oil-Sands Oil Emissions Coal

Belfer Center Brief Urges Higher, Stable Energy Prices to Achieve Long-Term Energy Policy Objectives

Green Car Congress

MAY 26, 2009

The brief concentrates on six topics: climate change policy, carbon capture and storage policy, oil security policy, energy-technology innovation policy, electricity market structure, and infrastructure policy. Climate change policy. Carbon capture and storage. Oil security policy.

Energy

Energy Price Oil Prices Climate Change

Will green initiatives mean oil demand peaks before supply?

Green Cars News

JULY 14, 2011

A new study into ‘peak oil’ will question whether the theory should really be about ‘peak oil demand’ rather than supply. As concerns about climate change, energy security and oil price volatility coupled with advances in low carbon technology could mean that demand for oil peaks before the world’s capacity to supply it does.

Oil

Oil Supplies Climate Change Oil Prices

Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

Green Car Congress

JUNE 26, 2009

In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Fossil oil consumption decreased by one per cent, due to high prices and more biofuels.

2008

2008 Oil Renewable Emissions

BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

Green Car Congress

JANUARY 19, 2011

Natural gas is projected to be the fastest growing fossil fuel, and coal and oil are likely to lose market share as all fossil fuels experience lower growth rates. OECD oil demand peaked in 2005 and in 2030 is projected to be roughly back at its level in 1990. The fuel mix changes over time, reflecting long asset lifetimes.

Energy

Energy Economy Global Oil-Sands

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

Green Car Congress

FEBRUARY 15, 2012

KPMG developed 3 nexuses linked by climate change to represent the challenges of sustainable growth. The 10 global sustainability megaforces that may impact business over the next two decades are: Climate Change: This may be the one global megaforce that directly impacts all others. Source: KPMG. Click to enlarge.

Climate Change

Climate Change Water Climate Global

Refiners and Truckers Associations Challenge California LCFS in Federal Court

Green Car Congress

FEBRUARY 3, 2010

The National Petrochemical & Refiners Association (NPRA) filed a legal challenge to California’s Low Carbon Fuel Standard (LCFS) with the US District Court, Eastern District of California, Fresno Division. Earlier post.). 110-140, 121 Stat. 1492, and the federal Renewable Fuels Standard. NPRA President Charles T.

California

California Oil-Sands Oil 2005

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Green Car Congress

MAY 27, 2009

Projected growth in world carbon dioxide emissions. World carbon dioxide emissions are projected to rise from 29.0 World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. Source: IEO2009.

2006

2006 Emissions Energy Oil-Sands

Perspective: Government Leadership Needed for Electric Vehicles to Succeed

Green Car Congress

FEBRUARY 26, 2010

Jack Rosebro, founder of Perfect Sky in Los Angeles [and a contributor to Green Car Congress ], spoke of the need for government policy makers to move beyond incremental changes that are not providing enough incentive for the market to produce alternatives to oil as the almost exclusive source of energy for road and rail transportation.

Electric Vehicles

Electric Vehicles Vehicles Los Angeles Canada

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

APRIL 12, 2012

EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. Carbon accounting practices have a strong impact on total emissions. R&D as above plus carbon tax applied from 2015, and increased over 10 years to a maximum value of €100/t (US$131) CO 2.

Transportation

Transportation Europe Climate Change Emissions

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Green Car Congress

OCTOBER 25, 2009

The five different fuel groups were those derived: from conventional petroleum; from unconventional petroleum; synthetically from natural gas, coal, or combinations of coal and biomass via the FT process; renewable oils; and alcohols. million bpd. Reduced GHG impact. Certain HRJ and FT fuels are able to reduce the GHG emissions from aviation.

MIT

MIT Oil-Sands Commercial Available

Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

Green Car Congress

NOVEMBER 16, 2010

Two key drivers of EV adoption include climate concerns and oil prices. The potential for reducing carbon emissions by electrifying transportation has caught the attention of local and national government officials across Asia-Pacific due to concerns about the contribution of transportation emissions to climate change.

Asia

Asia 2015 China Sale

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

JANUARY 29, 2014

DNV and GL merged in September 2013 to form DNV GL—the world’s largest ship and offshore classification society, the leading technical advisor to the global oil and gas industry, and a leading expert for the energy value chain including renewables and energy efficiency. —“Alternative Fuels for Shipping”.

Alternative Fuels

Alternative Fuels Fuel Gas-Electric Mariner

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Green Car Congress

NOVEMBER 13, 2013

China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Oil use grows, but in a narrowing set of markets.

Oil

Oil 2013 Energy Emissions

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Green Car Congress

SEPTEMBER 28, 2011

In the transportation sector, DOE will focus on technologies that significantly reduce oil consumption and diversify fuel sources for on-road transportation. Furthermore, DOE will only support technologies that emit less carbon than incumbents—in keeping with our national energy goals. fleets).

Transportation

Transportation Fuel Economy Light Fuel

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

Green Car Congress

NOVEMBER 27, 2011

We addressed this gap by analyzing the specific changes in infrastructure, technology, cost, and governance required to decarbonize a major economy, at the state/provincial level that has primary. rather than relative prices of technology, energy, or carbon as. to be carbon neutral. California has also. electricity.

Climate

Climate California Fuel Gas-Electric

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

NOVEMBER 13, 2011

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge.

Oil

Oil Transportation Cheap Fleet

Toyota digs for Lithium

Revenge of the Electric Car

JANUARY 20, 2010

Concerns about carbon emissions and their impact on climate change plus high and volatile oil prices are increasing the popularity of hybrid and electric vehicles despite their higher costs.

Toyota

Toyota Argentina Nickel Metal Hydride Lithium Ion

US Energy-Related Carbon Dioxide Emissions Declined by 2.8% in 2008; Transportation-Related Emissions Down 5.2%

Green Car Congress

MAY 20, 2009

US carbon dioxide emissions from fossil fuels decreased by 2.8% in 2008 to 5,802 million metric tons of carbon dioxide (MMTCO 2 ), down from 5,967 MMTCO 2 in 2007, according to preliminary estimates released by the Energy Information Administration (EIA). Total US energy-related carbon dioxide emissions have grown by 15.9%

2008

2008 Emissions Carbon Transportation

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

FEBRUARY 4, 2011

However, consumer demand for PEVs is quite uncertain and, barring another global spike in oil prices, may be limited to a minor percentage of new vehicle purchasers (e.g., The potential impacts of PEVs on climate change are of particular concern. The recommendations include: Technology-Neutral Policies.

Plug-in

Plug-in 2015 Plug Recharge

Report: California Gasoline No Longer the Most Expensive

The Truth About Cars

JUNE 22, 2023

Washington’s fuel pricing isn’t a matter of it being isolated in the middle of the ocean. Earlier this year, the state introduced a new carbon-pricing program (part of the Climate Commitment Act, and Clean Fuel Standard) that fines businesses for any greenhouse gas they emit.

Gasoline

Gasoline California Seattle Washington

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

APRIL 16, 2009

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

Grid Electric Vehicles Vehicles Oil-Sands

Buffett's Chinese electric car company

Tony Karrer Delicious EVdriven

APRIL 16, 2009

3) TED 2009 (+2) Anti-Nuclear Effectively Means Pro-Fossil Fuel (+2) Consumption dwarfs population as main global warming threat (+2) If youve already signed up for TEC, you dont need to register again.

Chinese

Chinese Companies Electric Cars BYD

EV Driven

Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

The $32-Trillion Push To Disrupt The Entire Oil Industry

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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

CFR Report Says Energy Security and Climate Change Concerns With Oil Sands Can be Reconciled

Ricardo and Kevin J Lindemer LLC to assess the timing and impact of Peak Oil Demand

Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Study: Kerry-Lieberman Bill Would Cut US Oil Imports By Up to 40% Below Current Levels

Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

Belfer Center Brief Urges Higher, Stable Energy Prices to Achieve Long-Term Energy Policy Objectives

Will green initiatives mean oil demand peaks before supply?

Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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

Refiners and Truckers Associations Challenge California LCFS in Federal Court

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Perspective: Government Leadership Needed for Electric Vehicles to Succeed

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Pike forecasts Asia-Pacific to be largest PEV market, with more than 1.2M units by 2015; China to represent 53% of total sales

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

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

Toyota digs for Lithium

US Energy-Related Carbon Dioxide Emissions Declined by 2.8% in 2008; Transportation-Related Emissions Down 5.2%

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Report: California Gasoline No Longer the Most Expensive

Cleantech Blog: Smart Grids and Electric Vehicles

Buffett's Chinese electric car company

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