Remove Carbon Remove Qatar Remove Renewable Remove Wind
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio. 1 Equinor. 2 Total SA.

Oil 418
article thumbnail

Delta Air Lines signs 75 MGPY for 7 years SAF deal with Gevo; oneworld Alliance members plan to buy 200 MGPY

Green Car Congress

SAF is a critically important lever we have available today to help our industry reduce the lifecycle carbon emissions from aviation fuel. Gevo has developed two alcohol-to-jet (ATJ) pathways that can utilize various low-carbon feedstocks grown using sustainable agriculture. oneworld Alliance.

San Jose 186
article thumbnail

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

Fossil fuels still dominated energy consumption with 87% market share, while renewables rose fastest but are still only 2% of the global total. There was a record decline in EU gas consumption (-9.9%) driven by the weak economy, high prices, warm weather and continued growth in renewable power generation. Renewables.

Coal 261