article thumbnail

BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

Green Car Congress

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

article thumbnail

Will Higher Oil Prices Spark a Tesla Stock Surge?

CleanTechnica EVs

As Ukraine weathers a continued Russian invasion, sanctions are causing high oil prices, resulting in high gas costs at the pump for consumers. According to Oil Price.com, the event has many wondering if high gas prices could further accelerate Tesla’s rising stock prices and the overall adoption of electric vehicles.

article thumbnail

Cascadia Capital forecasts flurry of MA and commercialization in clean tech in 2011; US Congress to discard Cap and Trade

Green Car Congress

Rising Oil Prices Lead to Investments in Natural Gas. Oil markets are traditionally sensitive to a pick up in economic activity. As the economy continues to slowly improve over the next 12 months, Cascadia predicts that oil will hit $100 per barrel. There are too many loopholes, including free permits and. extraction.

Congress 170
article thumbnail

2019 NTEA Fleet Purchasing Outlook reveals continued strong demand for biodiesel in diesel trucks

Green Car Congress

NTEA’s additional anecdotal evidence suggests that though alternative fuel interest may ebb and flow along with fluctuating oil prices, the trend will likely turn upward in the long run. It is highly likely that clean energy solutions will remain relevant due to oil price instability.

Purchase 207
article thumbnail

SK Innovation to end Li-ion JV with Continental due to slow demand growth for EVs

Green Car Congress

Yonhap said that the companies are the partnership early due to weak market demand for battery-powered vehicles amid limited infrastructure and falling oil prices. Both planned to invest about €270 million (at the time, around US$359 million) in the JV over five years. billion won (US$13.87 billion won (US$13.87

Li-ion 244
article thumbnail

ICCT report finds expected surge in renewable diesel production could have damaging environmental impacts due to feedstock demand

Green Car Congress

The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US.

Renewable 243
article thumbnail

A Guide To Fuel Efficient Driving — Part Three (2022 Update)

CleanTechnica EVs

Thanks to Covid-induced supply chain issues and Russia’s war with Ukraine, oil prices have surged to over $100/barrel at times. That and the dearth of refining capacity (converting crude oil to gasoline/diesel) has pushed the price of gasoline and diesel to record highs.

Ukraine 122