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T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

Green Car Congress

Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. C carbon budget.

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GlobalData: Russian nickel sanctions would slow electric vehicle adoption

Green Car Congress

The data and analytics company notes that such actions will simply mean Western countries will be more reliant on Russian oil and gas for longer. According to GlobalData’s Mining Commodity Analyzer , Russia was the third-largest producer of nickel in 2021, producing more than 200,000 tons. Trading had yet to resume as of 10 March.

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IIASA study proposes solid air hydrogen liquefaction as efficient addition to hydrogen liquefaction supply chain

Green Car Congress

The COVID-19 pandemic and the Russia-Ukraine war have further increased the interest of Europe and Western countries to invest in the hydrogen economy as an alternative to fossil fuels. At standard temperature and pressure, air is a gas, but under certain conditions, it can become a liquid or solid. Montanari, P., Schneider, P.,

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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.

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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

Steel is responsible for around 7% of man-made greenhouse gas emissions every year and is one of the world’s most polluting industries. Commissioning natural gas-fired plants could set producers up to have some of the lowest-cost capacity by retrofitting them to burn hydrogen in the 2030s and 2040s.

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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. Gas is the only answer. Climate Change.

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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

Prices for light oil are set at $67 per barrel and natural gas prices fixed at $7.50 That means consumers are not reaping the benefits of cheap fuel. Galuccio said that the profit from YPF’s shale oil and gas production was “marginal.” per million Btu (MMBtu). From the consumer’s standpoint, that may not sound like a great deal.

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