Remove Carbon Remove Climate Remove Climate Change Remove Oil
article thumbnail

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

Green Car Congress

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 305
article thumbnail

Why EVs Aren't a Climate Change Panacea

Cars That Think

“Electric cars will not save the climate. Environmental groups foresee the public needing to use electrified mass transit , reduce long-haul flights for business as well as pleasure), increase telework, walk and cycle to work or stores, change their diet to eat more vegetables, or if absolutely needed, drive only small EVs.

article thumbnail

BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

Green Car Congress

This year’s edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon emissions. The longer carbon emissions continue to rise, the harder and more costly will be the necessary eventual adjustment to net-zero carbon emissions.

article thumbnail

Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.

Oil 259
article thumbnail

How renewable diesel can help fight climate change

Clean Fleet Report

Recognizing the need to create a healthier planet, many American cities and businesses have set bold ambitions to reduce their carbon footprint and environmental inequity. We need to make our transportation system more sustainable with today solutions as city residents, investors, employees or customers demand action on climate change.

article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

Oil 418
article thumbnail

Large amounts of carbon capture as a solution is an ‘illusion’ – IEA

Electrek

The oil and gas industry is banking on carbon capture as its “fix” for climate change. more… The post Large amounts of carbon capture as a solution is an ‘illusion’ – IEA appeared first on Electrek. The IEA’s new report dispels that idea and offers real solutions.

Carbon 143