Carbon, International, Oil Prices and Supplies

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

ICCT report finds expected surge in renewable diesel production could have damaging environmental impacts due to feedstock demand

Green Car Congress

JANUARY 19, 2022

The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US. —from the report, “Animal, vegetable or mineral (oil)?”.

Renewable

Renewable Diesel Production Oil

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. The latter is partly caused by “global warming constraints” and lower oil prices in general.

Oil

Oil Industrial Industry Financing

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

Green Car Congress

SEPTEMBER 20, 2011

Unconventional liquids become increasingly important in the total supply of liquid fuels, according to IEO2011. World oil prices remain high in the IEO2011 Reference case, but oil consumption continues to grow; both conventional and unconventional liquid supplies are used to meet rising demand. Click to enlarge.

Oil-Sands

Oil-Sands Oil 2008 Oil Prices

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

JUNE 13, 2012

Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The report also highlighted supply disruptions as one of the major energy events of the year. globally, and 8.4% in the emerging economies.

Coal

Coal Oil Renewable Saudi Arabia

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

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

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

Green Car Congress

SEPTEMBER 13, 2017

Most notably, a rise in Saudi crude-oil output could trigger a damaging period of global oversupply, said Jim Krane, the Wallace S. This glut could be exacerbated by future carbon taxes and other policy restrictions on fossil fuels, he said. Internationally, Saudi Arabia also faces conflicting priorities for its crude oil.

Saudi Arabia

Saudi Arabia Oil Production Climate

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

Green Car Congress

NOVEMBER 10, 2009

Accenture has identified 12 technologies that it concludes have the potential to disrupt the current views of transport fuels supply, demand and GHG emissions over the next 10 years. Will be competitive at an oil price of $45 to $90 at their commercial date. These include: Next-generation internal combustion engine.

Transportation

Transportation Supplies Emissions Fuel

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. International engagement—especially with China—is also a need. Carbon capture and storage. Oil security policy.

Energy

Energy Price Oil Prices Climate Change

MITEI releases report on Electrification of the Transportation System

Green Car Congress

JANUARY 13, 2011

of carbon dioxide (CO 2 ) emissions in the US. Electrification will reduce emissions, with the scale determined by the carbon intensity of the power sector. Electrification will also reduce oil dependence, providing foreign policy benefits and the potential to reduce real oil prices and oil price volatility.

Transportation

Transportation MIT Oil Prices Oil

Study suggests that decarbonizing US transport sector by converting waste CO2 to fuels would require economical air-capture of CO2

Green Car Congress

NOVEMBER 7, 2010

Kreutz presented the paper at the 10 th International Conference on Greenhouse Gas Control Technologies ( GHGT-10 ) earlier this fall in The Netherlands. In the near-term pre-CCS era, with a low cost of carbon, the economical solution for power providers is to vent the CO 2 and pay the fees, passing on the costs to customers.

Transportation

Transportation Convert Waste CO2

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

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

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

Green Car Congress

JULY 12, 2011

scenarios, and the sensitivity of the model to particular factors, the analysis reveals areas where intervention may be warranted: The capital costs associated with vehicle purchase, in relation to the costs for conventional vehicles; Supply constraints in the Australian market; and. supply constraints into the Australia market.

PHEV

PHEV Oil Prices Australia Price

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

Green Car Congress

DECEMBER 5, 2012

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

Fuel Energy Sale 2013

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

In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. Over the next 20 years, demand for material resources will soar while supplies will become increasingly difficult to obtain, KPMG says. Source: KPMG. Click to enlarge. billion by 2032.

Climate Change

Climate Change Water Climate Global

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

At the same time, oil—and gas—import dependency in the US is likely to fall to levels not seen since the 1990s, because of improved fuel efficiency and the increased share of biofuels. Global consumption growth is also impacted by higher oil prices in recent years and a gradual reduction of subsidies in oil-importing countries.

Energy

Energy Economy Global Oil-Sands

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

Technically feasible levels of energy efficiency and decarbonized energy supply alone will not be sufficient to reduce greenhouse gas emissions 80% below 1990 levels by 2050, according to a detailed modeling of the California economy performed by a team from Energy and Environmental Economics, the Monterey. California has also. 875 Mt CO 2 e.

Climate

Climate California Fuel Gas-Electric

Syngas Engages Rentech and GE for Clinton Coal and Biomass to Liquids Project in Australia

Green Car Congress

NOVEMBER 25, 2009

The Clinton Project is a large-scale coal-to-liquid (CTL) project with non-food carbon neutral biomass providing supplementary feed (CBTL) as part of the Company’s carbon management plan. Projected output of the Clinton Project is a maximum 13,000 barrels of diesel per day (15,800 barrels of oil equivalent per day or 5.3

Coal

Coal Australia Diesel Oil Prices

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

Green Car Congress

NOVEMBER 12, 2012

The global energy map is changing significantly, according to the 2012 edition of the Internal Energy Agency’s (IEA) World Energy Outlook ( WEO-2012 ). barely rises in OECD countries, although there is a pronounced shift away from oil, coal (and, in some countries, nuclear) towards natural gas and renewables. Energy demand.

Global

Global 2012 Energy Oil

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

Green Car Congress

DECEMBER 16, 2013

quadrillion Btu in 2040 in AEO2014 , reflecting the impacts of increased foreign trade on international shipping and higher incomes on recreational boating. Industrial shipments of bulk chemicals, which benefit from an increased supply of natural gas liquids, grow by 3.4% With domestic crude oil production rising to 9.5

Oil

Oil Light Energy Vehicles

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

Green Car Congress

JULY 2, 2013

The underlying assumption is that the world will immediately use whatever oil can be pumped from the ground, and that supply is independent of demand—that is, oil exploration investments bear no relation to the current oil price or expectations of future demand. —Brandt et al. Credit: ACS, Brandt et al.

Oil

Oil Oil-Sands Fuel Economy Transportation

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

Green Car Congress

SEPTEMBER 28, 2011

Furthermore, DOE will only support technologies that emit less carbon than incumbents—in keeping with our national energy goals. There is significant headroom for DOE to work on increasing conventional vehicle efficiency by improving the internal combustion engine, by lightweighting, and by improving the aerodynamics of heavy-duty vehicles.

Transportation

Transportation Fuel Economy Light Fuel

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

JULY 19, 2012

The National Low Carbon Fuel Standard (LCFS) Project has released two major reports that synthesize its findings from the past several years of work: a Technical Analysis Report (TAR) and Policy Design Recommendations.

Carbon

Carbon Oil-Sands Standards Design

Toyota digs for Lithium

Revenge of the Electric Car

JANUARY 20, 2010

From the Reuters post: “A sister company to Toyota Motor Corp secured a lithium supply deal in Argentina on Wednesday that could help the world’s largest automaker keep its lead in gasoline-electric hybrid cars. For more information read: Toyota in Argentine Lithium Deal for Hybrid Car Push. By Eriko Amaha for Reuters.

Toyota

Toyota Argentina Nickel Metal Hydride Lithium Ion

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

Green Car Congress

MARCH 2, 2013

The difference between WCSB oil sands and heavy Mexican and Venezuelan crudes is narrower than lighter crudes, such as Middle Eastern Sour. Thus, the SEIS concludes, the life-cycle carbon footprint for transportation fuels produced in US refineries would increase if the Keystone XL project were approved. MMTCO 2 e annually.

Climate Change

Climate Change Oil-Sands Nebraska Climate

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

At a media dinner at the North American International Auto Show in Detroit last month, Ford Motor Executive Chairman Bill Ford made some observations on the prospects for electric vehicles: “ Here we are today now, embarking upon something which is very different for our industry. The focus is primarily near term (i.e.,

Plug-in

Plug-in 2015 Plug Recharge

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

Green Car Congress

NOVEMBER 13, 2013

Low-carbon energy sources (renewables and nuclear) meet around 40% of the growth in primary energy demand. High oil prices, persistent differences in gas and electricity prices between regions and rising energy import bills in many countries focus attention on the relationship between energy and the broader economy. . …

Oil

Oil 2013 Energy Emissions

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. Alternative technologies, such as hybrid and electric vehicles that use oil more efficiently or not at all, continue to advance but they take time to penetrate markets. Oil and the Transport Sector: Reconfirming the End of Cheap Oil.

Oil

Oil Transportation Cheap Fleet

Study details viable pathway to develop sustainable aviation biofuels industry in Pacific Northwest; hydroprocessing of natural oils seen as the most immediate opportunity

Green Car Congress

MAY 25, 2011

Established hydroprocessing technologies to produce aviation fuels from natural oils. supply chains for sustainable aviation fuels utilizing oils from oilseed crops such as camelina, as well as algae and biomass. Natural bio-oils have carbon chain lengths that are in the diesel range, 16-18 carbon atoms in the hydrocarbon.

Oil

Oil Industrial Industry Renewable

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

EV Driven

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

ICCT report finds expected surge in renewable diesel production could have damaging environmental impacts due to feedstock demand

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

EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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

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

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

Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

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

MITEI releases report on Electrification of the Transportation System

Study suggests that decarbonizing US transport sector by converting waste CO2 to fuels would require economical air-capture of CO2

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

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

AECOM study finds EV adoption in Victoria can offer significant economic benefits by late 2020s; PHEVs initially lead uptake

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

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

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

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

Syngas Engages Rentech and GE for Clinton Coal and Biomass to Liquids Project in Australia

IEA WEO-2012 finds major shift in global energy balance but not onto a more sustainable path; identifies potential for transformative shift in global energy efficiency

EIA: light duty vehicle energy consumption to drop 25% by 2040; increased oil production, vehicle efficiency reduce US oil and liquid imports

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

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

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Toyota digs for Lithium

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

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

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

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

Study details viable pathway to develop sustainable aviation biofuels industry in Pacific Northwest; hydroprocessing of natural oils seen as the most immediate opportunity

Cleantech Blog: Smart Grids and Electric Vehicles

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