GE Transportation Unveils New Evolution Series Locomotive; 17% Reduction in Fuel Consumption, 70% Reduction in Emissions

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The new model, which is part of GE’s ecomagination program, delivers a cleaner, faster, safer and more reliable alternative to the aging North American fleet of DC-powered locomotives.

2009 78

GE and Shenhua open coal gasification joint venture in China

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a 50:50 joint venture with Shenhua Group to advance the development and deployment of “cleaner coal” technology solutions in China. The region’s coal industry comprises China, India, Australia, Indonesia, Kazakhstan, Thailand, Vietnam and New Zealand. GE announced the opening of GE Shenhua Gasification Technology Company Ltd., GBI report: Asia-Pacific to be the leading coal-producing region.

2012 71

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Opinion: Uranium Prices Set To Double By 2018

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But the toxicity levels have dissipated, and nuclear energy is rebounding as a cleaner power source with next generation safeguards. Currently, the world is increasingly recognizing nuclear energy as the cheaper, cleaner, and greener option—as indicated by the number of reactors being built. by James Stafford of Oilprice.com.

2016 60

Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

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Kazakhstan/Russia: Caspian Pipeline expansion. Investments include refinery projects geared toward improving returns by increasing energy efficiency and feedstock flexibility, and producing cleaner fuels. Chevron Corporation announced a $32.7 billion capital and exploratory spending program for 2012. Included in the 2012 program are $3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. We continue to develop an unparalleled project queue.

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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The largest increase in oil production comes from Iraq, followed by Saudi Arabia, Brazil, Kazakhstan and Canada. Delaying action is a false economy, the report finds: for every $1 of investment in cleaner technology that is avoided in the power sector before 2020, an additional $4.30 Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. WEO 2011. Click to enlarge.

2011 85