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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Little change in transportation and industry. Consequently, the US economy grew 1.9% GDP increase in 2021.

Emissions 273
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GE and Sargas AS partner on gas-fired plants with carbon capture for enhanced oil recovery

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GE has concluded a commercial alliance agreement with Norway-based Sargas AS to provide a gas turbine for one of the world’s first gas-fired plants with integrated carbon capture for enhanced oil recovery (EOR). Traditionally, carbon capture for gas-fired turbine plants relied on government subsidies and advanced technology research.

Oil 220
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VTT study concludes gasification-based pathways can deliver low-carbon fuels from biomass for about 1.90-2.65 US$/gallon

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The horizontal red lines show the comparable price of gasoline (before tax, refining margin 0.3 $/gal, exchange rate: 1 € = 1.326 $) with crude oil prices 100 $/bbl and 150 $/bbl. Source: VTT. 0.7 €/liter (app. US$/gallon US), with first-law process efficiency in the range of 49.6–66.7%—depending 0.7 €/liter (app.

Carbon 218
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Global Bioenergies reports first production of green isobutene at demo plant

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Global Bioenergies is now entering the final phase of demonstrating its technology for converting renewable carbon into hydrocarbons. The process currently uses first-generation sugar as feedstock, an approach facilitated by the existence of the well-established sugar beet, sugar cane and corn processing industries. Earlier post.).

Global 150
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EIA AEO2015 projects elimination of net US energy imports in 2020-2030 timeframe; transportation energy consumption drops

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AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High Oil Price, and High Oil and Gas Resource) that reflect updated scenarios for future crude oil prices. trillion cubic feet (Tcf) in the Low Oil Price case to 13.1

2020 150
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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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Biofuels grow at a slower rate due to lower crude oil prices and. The decline reflects increased domestic production of both petroleum and natural gas, increased use of biofuels, and lower demand resulting from the adoption of new vehicle fuel efficiency standards and rising energy prices. Biomass and biofuels growth is slower.

Fuel 225
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BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

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The costs of these alternative energy technologies are falling rapidly, and they are on the path to becoming cost-competitive within the next five to ten years, if not sooner. For some alternative-energy industries—CCS and off shore wind, for example—real competitiveness is still a distant probability.

Solar 295