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3 Oil Majors That Bet Big On Renewables

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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.

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. The decline in 2020 of -5.2%

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BMW i Ventures invests in Prometheus Fuels; CO2 air-capture and conversion to carbon-neutral gasoline

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BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year.

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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The recovery of energy demand in 2021 was compounded by adverse weather and energy market conditions—notably the spikes in natural gas prices—which led to more coal being burned despite renewable power generation registering its largest growth to date.

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How EVs Are Reducing Carbon (CO2) Emissions

Blink Charging

One avenue to combat this crisis is a rapid reduction in carbon emissions from our daily transportation, one of the leading contributors of CO 2 emissions. Enter electric vehicles: a practical step toward reducing carbon emissions and reinforcing sustainable practices. EVs are game changers in the reduction of vehicle emissions.

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Stanford team proposes method for electricity production from oil shale with in situ carbon capture to provide transportation energy with reduced CO2 emissions

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Electricity generation in subsurface provides the heat requirement for retorting. However, liquid hydrocarbon (HC) fuels derived from oil shale have ~1.2-1.75 times the GHG emissions of HC fuels produced from conventional oil on a full-fuel-cycle (well-to-wheels) basis. direct thermal or electrical energy. electricity.

Oil 220
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VTT and Neste to build integrated Power-to-Liquids demo facility; CO2 capture, green hydrogen and e-fuels production

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E-fuels offer a way to expand the carbon-neutral transport fuel pool beyond biomass-based renewable fuels to replace fossil fuels in existing internal combustion engines. VTT will provide the fuel synthesis unit and technology and Neste carries out upgrading of the synthetic crude oil into fuel products fulfilling the specifications.

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