article thumbnail

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

Green Car Congress

A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.

article thumbnail

Opinion: How Much Longer Can OPEC Hold Out?

Green Car Congress

Cheap oil has created a huge financial crisis for Venezuela as its economy is heavily dependent on oil exports and oil revenues constitute about 95% of its total foreign exchange earnings. After Saudi Arabia, Iraq is the biggest crude oil producer in OPEC. Iraq’s Issues. The OPEC “heavyweights”.

article thumbnail

Lucid CEO teases a mid-size Tesla Model 3, Model Y competitor in development

Baua Electric

Everyone applauded when Rawlinson touted the specs of Lucid’s Air sedan, which, even at its lowest tier trim level, provides better range (419) than its “closest competitor” (ahem, Tesla). As in, delivering cars that drive fast er , go farth er , last long er , and eventually are cheap er.

Tesla 52
article thumbnail

UK, Saudi team shows hydrocarbon wax is a viable, safe medium for on-board hydrogen storage

Green Car Congress

Despite strenuous efforts over the past decades covering a vast range of hydrogen storage materials, no single material has met simultaneously the critical requirements for a viable hydrogen storage and hydrogen releasing material suitable for use in HFCVs and other fuel cell applications.

Hydrogen 150
article thumbnail

IBM Research discovers new class of industrial polymers; cheaper, lighter, stronger and recyclable thermosets for aerospace, automotive and others

Green Car Congress

This research was published in the journal Science , with collaborators including UC Berkeley, Eindhoven University of Technology and King Abdulaziz City for Science and Technology (KACST), Saudi Arabia. Polymers are long chains of molecules connected through chemical bonds.

Polymer 275
article thumbnail

Concept: Compact Two-Cycle, Co-generating Piston-Driven Turbine to Deliver 60+% Efficiency

Green Car Congress

He worked for the Korf Steel company in Saudi Arabia as head of IT. The engine is designed to generate power only, in applications such as a genset for an extended range electric vehicle, or in distributed power generation. Add in a few kWh of lead-acid batteries and you have a cheap and efficient advanced powertrain. ”.

Concept 170