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Oil sands company Suncor Energy strengthens its focus on hydrogen and renewable fuels, divesting wind and solar

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Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Suncor also plans to divest its wind and solar assets.

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Carbon emissions from generating electricity for electric vehicles vary greatly across the individual US states

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These results indicate that coal and oil are the energy sources leading to most emissions, and that hydro, wind, and nuclear are the energy sources leading to least emissions. On the two extremes, coal and oil result in about 176 times the emissions from hydro. Geothermal 0 0 Solar 0 8.8 Nuclear 0 0 Wind 2.5

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bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

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Both primary energy consumption and carbon emissions from energy use fell at their fastest rate seen since the Second World War, while renewable energy continued its trajectory of strong growth, with wind and solar power recording their largest ever annual increase. World oil production fell for the first time since 2009 by 6.6

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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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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050.

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Carbon emissions in port of Rotterdam drop more swiftly than national average

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In the period 2016-2020, the port of Rotterdam reduced its total carbon emissions by 27%. of the Netherlands’ total carbon emissions: a share that several years ago was 16%. of the Netherlands’ total carbon emissions: a share that several years ago was 16%. Last year, Rotterdam’s power plants cut their carbon emissions by 1.9

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Cemvita demonstrates “gold hydrogen” production in situ, sets up subsidiary

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Gold Hydrogen is a novel source of carbon neutral hydrogen produced from depleted oil reservoirs that are ready for plug and abandonment, extending the life of wells that would otherwise be a significant burden. Cemvita Factory’s mission is to reimagine heavy industries such as oil & gas and mining for the net-zero economy.

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