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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com.
The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.).
The results of a new analysis by the International Council on Clean Transportation (ICCT) show that, when combined with a trend toward higher methane leakage and combustion slip, there is no climate benefit from using liquefied natural gas (LNG) as a marine fuel—regardless of the engine technology. —Pavlenko et al.
Petrochemicals are rapidly becoming the largest driver of global oil demand. Petrochemicals are set to account for more than a third of the growth in world oil demand to 2030, and nearly half the growth to 2050, adding nearly 7 million barrels of oil a day by then. Source: IEA. —Dr Fatih Birol, IEA Executive Director.
Dedicated climate activist Bill McKibben in a post on Substack suggested that Tesla and Big Oil have a common weakness. He says both are way behind the technological curve. The announcement a few days ago by BYD that it has developed a battery for an electric car that.
Sapphire and Sinopec have been working on an algae-derived renewable crude oil project. The EcoPartnerships Program promotes cooperation between US and Chinese sub-national actors who work on clean energy, climate change, and environmental protection, to help address some of the biggest challenges facing our two countries.
Major economies led the resurgence as a pick-up in economic activity pushed energy demand higher and significant policies measures to boost clean energy were lacking. The rebound in global carbon emissions toward the end of last year is a stark warning that not enough is being done to accelerate clean energy transitions worldwide.
Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. According to S&P Global Commodity Insights’ hydrogen outlook, global hydrogen demand grows from 70.4
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. The past five years have seen an average of $266 billion per year invested in clean energy worldwide.
Advanced biofuels are based on raw biological materials, such as used cooking oil and other waste products. This material is used to manufacture a fatty acid methyl ester (FAME) (biodiesel), which is then mixed with varying proportions of low sulfur fuel oil.
New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.
The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA. billion a year.
A team of scientists from Heriot-Watt University has found the waters in the Faroe-Shetland Channel (FSC) are teeming with oil-eating bacteria. The FSC is a deepwater sub-Arctic region where the oil and gas industry has been active for the last 40?years. —Angelova et al. 03701-20.
By Deborah Gordon & Frances Reuland When it comes to climate, oil and gas are the 800-pound gorilla in the room. The production and refining processes for oil and gas account for about one-tenth of human-made greenhouse gases (GHGs), making the sector one of the world’s largest emitters. Courtesy of RMI.
A new study by the International Council on Clean Transportation (ICCT) estimates heavy fuel oil (HFO) use, HFO carriage, the use and carriage of other fuels, black carbon (BC) emissions, and emissions of other air and climate pollutants for the year 2015, with projections to 2020 and 2025. Click to enlarge. —Comer et al.
These investments will accelerate the commercialization of CE’s proven Direct Air Capture (DAC) technology that removes CO 2 directly from the air and subsequently synthesizes it into clean transportation fuels. The DAC plants are location-independent and can be co-located with an oilfield operation for enhanced oil recovery (EOR).
President Obama has laid out a plan for building a “21st Century Clean Transportation System”, the investment for which would be funded by a new $10 per barrel fee on oil paid by oil companies, which would be gradually phased in over five years.
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.
On the first day of a two-day board meeting—the second day of which (Friday 24 March) will consider the Advanced Clean Cars Midterm Review—the California Air Resources Board (ARB) took a number of climate and air quality actions. Livestock is responsible for 55% of methane emissions.
Yara Clean Ammonia (YCA) and Bunker Holding Group signed an MOU establishing the intention to collaborate to accelerate the development of the market for clean ammonia as a shipping fuel. Clean ammonia is one of the most effective alternatives for decarbonizing maritime transport.
Building sustainable and clean energy systems will be harder, riskier and more expensive without nuclear, according to the new report, Nuclear power and secure energy transitions: From today’s challenges to tomorrow’s clean energy systems. However, a new era for nuclear power is by no means guaranteed.
Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.
As one of the leading ocean freight forwarders worldwide, and in line with Deutsche Post DHL Group’s "Mission 2050 – Zero Emissions", DHL is committed to lead the transition to clean and sustainable sea freight transport. To fight against climate change, the transport sector needs true decarbonization.
Achates Power, the developer of next-generation two-stroke compression-ignition opposed-piston (OP) engines ( earlier post ) announced that OGCI Climate Investments has invested in the company’s Series-D round. —Dr Pratima Rangarajan, CEO of OGCI Climate Investments. —David Johnson, president and CEO, Achates Power.
If we want peace, we need to end our reliance on oil, writes T&E’s William Todts Europe could be at war with Russiawithin 5 years. continued] The post Why the Climate Fight is Critical to Europes Security appeared first on CleanTechnica. It is time.
By Sameer Kwatra, Co-authored with Nitish Arora India, the world’s fourth-largest renewables market and fifth-largest automobile producer, is also the world’s third-largest oil importer.
Indian Oil Corporation, India’s leading energy major, has entered into a memorandum of understanding (MOU) with LanzaJet to explore the development of sustainable aviation fuel (SAF) production in India. IndianOil is adopting mitigation efforts such as sustainable fuel alternatives to advance the country’s clean energy goals.
On the road to climate-friendly mobility, we must ensure we don’t leave any technical opportunities untapped, starting with electromobility and ending with renewable fuels. we save can help us achieve our climate targets. High-quality additives also keep the engine extremely clean and protect it against corrosion.
In today’s Electrek Green Energy Brief (EGEB): Fossil fuel lobbyists are using Facebook ads to try to thwart crucial climate-change initiatives. GM says it will source 100% clean energy for its US sites by 2025. SolarReviews launches a new solar calculator that doesn’t require you to sign up.
At CleanTechnica, we work hard to inform people about solutions to climate change and other environmental problems. These solutions aren’t always perfect, but they can put us in a better spot than we are in today.
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. —from the report, “Animal, vegetable or mineral (oil)?”.
Fossil fuel pollution from cars and trucks harms public health and contributes to the climate crisis. EPA’s plan to tighten pollution standards will benefit all Americans—if it chooses an aggressive path.
The largest one-year emissions drop California has ever achieved was at the height of the Great Recession in 2009, when climate pollution fell 6.1%. The fact is, we’ve never come anywhere near cutting emissions five percent in a single year in a period of economic stability—and yet, in order to meet our climate goal by 2030, we have to.
For the US to meet its current climate target of net-zero emissions economy-wide by 2050, petroleum use must significantly decline and refineries must transform to reduce their substantial emissions. The refineries that make these products must decarbonize to meet US climate goals.
As one of the outcomes of the “Three Amigos” meeting in Ottawa, Canada Prime Minister Justin Trudeau, US President Barack Obama, and Mexico President Enrique Peña Nieto committed to an “ambitious and enduring” North American Climate, Clean Energy, and Environment Partnership. 50% clean power target.
T&Es Giorgia Ranzato explains how financial instruments can be used to clean up one of Europes dirtiest industries The transport sector is Europes largest contributor to GHG emissions and the major player in driving climate change. continued] The post Truckmakers Are More Carbon Intensive than Oil Companies.
The International Council on Clean Transportation (ICCT) reports that the Marine Environment Protection Committee of the International Maritime Organization (IMO) has adopted a resolution codifying an initial greenhouse gas (GHG) strategy for international shipping. MEPC 72 also addressed the implementation of the 0.50% sulfur limit.
The technology group Wärtsilä has issued a report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, describing the environmental and economic opportunities for states that decarbonize rapidly. Major carbon savings can be made in the short term, enabling national climate targets to be achieved.
The Government of Canada will consult with provinces and territories, Indigenous peoples, industries, and non-governmental organizations to develop a clean fuel standard. The overall objective of a clean fuel standard would be to achieve annual reductions of 30 megatonnes (Mt) of GHG emissions by 2030. petroleum coke).
The special report, The Role of Critical Minerals in Clean Energy Transitions , is the most comprehensive global study to date on the central importance of minerals such as copper, lithium, nickel, cobalt and rare earth elements in a secure and rapid transformation of the global energy sector. Source: IEA.
In Massachusetts, both the legislative and executive branches are considering a Clean Heat Standard (CHS) to reduce emissions in the building sector. As the state starts getting into specifics, one thing is clear: a good CHS would apply to gas, oil, and propane, not electricity.
Last November , w hen Azerbaijan hosted COP29 , the United Nations annual climate summit , i t was a sort of coming-out party for the country. But i n a side room away from media attention, a different climate discussion concluded more auspiciously. In short, the architects of the green corridor face significant and varied obstacles.
In the first phase of SAF deployment through 2025, waste oils are the likeliest source of low-carbon fuel due to their low carbon intensity and ease of conversion. Technical advice was provided by the International Council on Clean Transportation (ICCT).
The flight from Abu Dhabi to Amsterdam marked a milestone in the development of a clean, alternative aviation fuel to reduce carbon emissions. This is a synergistic industrial platform that supports the aviation sector, the oil and gas industry, food production and the creation of a new agricultural alternative in the UAE.
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