Remove Cheap Remove Coal Remove Cost Remove Russia
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases. Today’s new plants are tomorrow’s retrofits.

Hydrogen 221
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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Russia and China Cozy Up. Reign of the USD. Before the 20 th century, the value of money was tied to gold.

Russia 225
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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change.

Power 52
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Lockheed Martin pursuing compact nuclear fusion reactor concept

Green Car Congress

Aside from this inefficiency, the physics of the tokamak dictate huge dimensions and massive cost. The ITER, for example, will cost an estimated $50 billion and when complete will measure around 100 ft. I have not seen the papers, but the nuclear engineering clearly fails to be cost effective. high and weigh 23,000 tons.

Fusion 300
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UK power crisis – entirely the fault of regulators and ministers

EV Info

We have closed most of the coal plants and several the aging nuclear plants are moving offline as they close for repair of reach end of life. Or in other words we are reliant on Putin to keep the light on and at his mercy on the cost of the gas. Right now, production is low in Russia, so the cost has increased.

Power 98
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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

Russia might even become, miraculously and temporarily, less intransigent, and Europe might then welcome status quo ante. Economically punishing Russia is difficult to do, for a variety of reasons. Russia’s energy resources are enormous and Europe’s dependence on them is deep and pervasive.

Ukraine 122
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

For example, rich countries such as Germany can throw billions of dollars at their coal sector to ease their transition pain, offering generous financial aid to lignite-producing regions. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas.

Carbon 207