Remove Clean Remove Climate Change Remove Congress Remove Renewable
article thumbnail

Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050.

Clean 429
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio. 1 Equinor. 2 Total SA.

Oil 418
article thumbnail

Canada’s First Ministers release Pan-Canadian Framework on Clean Growth and Climate Change

Green Car Congress

Canada’s First Ministers (The Prime Minister of Canada and the provincial and territorial premiers) issued a joint communiqué and released the Pan-Canadian Framework on Clean Growth and Climate Change following the First Ministers’ Meeting. The Framework outlines actions that will grow the economy while reducing GHG emissions.

article thumbnail

Clean Energy and Total to create JV to develop carbon-negative RNG and infrastructure in US; $50M from bp

Green Car Congress

Clean Energy Fuels Corp. will create a 50/50 joint venture to develop carbon-negative renewable natural gas (RNG) production facilities in the United States, as well as credit support to build additional downstream RNG fueling infrastructure. Littlefair, CEO and president of Clean Energy. and its largest shareholder, Total S.E.,

Clean 344
article thumbnail

EPA proposes Renewable Fuel Standard (RFS) volumes for 2023-2025; seeking input on future modifications

Green Car Congress

The US Environmental Protection Agency (EPA) issued a multipart proposal for required volumes of biofuel under the Renewable FUel Standard (RFS) for the next one to three years and on a series of modifications to the program. Renewable fuel. Biomass-based diesel*. Advanced biofuel. Supplemental standard.

EPA 210
article thumbnail

Hyundai Motor to expand XCIENT fuel cell truck entry into US market

Green Car Congress

At the 2022 Advanced Clean Transportation (ACT) Expo, Hyundai Motor will share the progress of the NorCAL ZERO Project. Our ultimate goal is to fight climate change and build a sustainable future. We believe that there is no way around hydrogen to realize the energy transition towards renewables.

Hyundai 468
article thumbnail

Samsung Ventures makes strategic investment in renewable fuels company Raven SR

Green Car Congress

Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Samsung Ventures’ investment will expand Raven SR’s global reach to South Korea, a driving force in the hydrogen economy.

Renewable 199