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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

Green Car Congress

As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.

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Opinion: Oil Market ShowdownCan Russia Outlast The Saudis?

Green Car Congress

In practice, the call for a change is a call for Saudi Arabia and Russia, the two dominant global crude exporters, which each daily export over seven-plus mmbbls (including condensates and NGLs) and which each see the other as the key to any "balancing" moves, to bear the brunt of any production cuts.

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IHS Markit says outlook for crude oil prices strengthens through 2021

Green Car Congress

The record cuts set in motion in May and June by Saudi Arabia and its OPEC+ partners played a pivotal role in accelerating the improbable rebalancing of global oil markets. Meanwhile, the global demand recovery is showing clear signs of plateauing and Chinese crude buying has begun to soften.

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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. Other OPEC members agreed to similar deals, ensuring perpetual global demand for greenbacks.

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Axion International signs LOI to form global JV with Sicut Holding to target $8B railroad tie market with recycled structural composites

Green Car Congress

Ltd) to establish a global joint venture to capitalize on the world-wide railroad tie market through the manufacture and sale of Recycled Structural Composite (RSC) ties/sleepers utilizing their respective geographic licenses from Rutgers University. The joint venture will be 65% owned by Axion and 35% owned by Sicut.

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Australia introduces its first exhaust rule but makes all the mistakes the US did

Baua Electric

Australia doesn’t have its own fuel efficiency standards, making it one of only two advanced countries without such a rule, alongside Russia. The Australia rule classifies several large SUVs as “light commercial vehicles,” despite that they are typically used for non-commercial purposes. 100km, compared to 4.2L

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China’s New Breeder Reactors May Produce More Than Just Watts

Cars That Think

According to Chinese authorities, the ones on Changbiao are civilian power reactors, designed to generate 600 megawatts of electricity each, which amounts to a little more than 1 percent of the total capacity of China’s nuclear power sector. “My Not so in China, India, and Russia. Natural uranium is composed of only 0.7

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