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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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Taylor Machine Works and Cummins to integrate hydrogen engines into Taylor lift trucks and container handlers

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This collaboration will help realize the decarbonization goals of industrial steel, wood products, concrete, oil and gas, and port operations markets. 15-liter hydrogen engine Taylor is working to develop low and zero-carbon solutions across its entire product line. liter and 15-liter hydrogen engines into the Taylor product line.

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Mercom: battery, smart grid, energy efficiency companies raised $2.3B in VC funding in 2019; 18% lower than 2018

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Mercom Capital Group, llc, a global clean energy research and communications firm, released its report on funding and mergers and acquisitions (M&A) activity for the Battery Storage, Smart Grid, and Energy Efficiency sectors for 2019. Utilities and oil and gas companies were involved in seven battery storage funding deals in 2019.

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Sparc Technologies, QUT partner to develop a hard carbon anode material from bio-waste for Na-ion batteries

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The partnership will begin with a project in the battery anode space with the development of a novel process for the production of hard carbon from bio-waste. Using readily available, sustainable bio-waste material will provide Sparc with a strong environmental value proposition when compared with conventional sources of hard carbon.

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Proposed CA LCFS pathways for corn starch ethanol with carbon capture and sequestration: as low as 37 gCO2e/MJ

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North Dakota-based Red Trail Energy (RTE), which since 2007 has operated an ethanol production facility with annual production of about 60 million gallons per year, is proposing sequestration of CO 2 produced from starch fermentation to lower the overall carbon intensity of the fuel for the California Low Carbon Fuel Standard (LCFS).

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Cohort of new stakeholders joins Open Hydrogen Initiative

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Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. According to S&P Global Commodity Insights’ hydrogen outlook, global hydrogen demand grows from 70.4

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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.