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. trillion per year by 2050.

Clean 429
article thumbnail

CARB: clean fuels replaced more than 50% of diesel used in California in Q1 2023

Green Car Congress

Clean fuels replaced more than 50% of the diesel used in the state in the first quarter of 2023, according to the California Air Resources Board (CARB). The LCFS is one of several programs developed under AB 32 (the 2006 Global Warming Solutions Act) to cut California’s emissions of climate warming greenhouse gas.

Clean 367
article thumbnail

Expleo develops closed-loop, e-methanol fuel cell solution for global shipping

Green Car Congress

UK-based Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop fuel solution for global shipping that delivers a 92% reduction in greenhouse gas emissions (GHGe) in the model vessel.

Global 512
article thumbnail

Global Clean Energy buys Bakersfield refinery for $40M, converting to produce renewable diesel

Green Car Congress

Global Clean Energy Holdings, Inc., Fuels produced from the facility will result in significant reductions of both greenhouse gas (GHG) emissions and local air pollutants such as particulate matter. through a subsidiary, has purchased Alon Bakersfield Properties, Inc., a subsidiary of Delek US Holdings, Inc.

Renewable 389
article thumbnail

DHL to use biofuel to neutralize carbon emissions of all ‘less-than-container’ load shipments in ocean freight globally

Green Car Congress

DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, says it will be neutralizing the carbon emissions of all less-than-container load (LCL) ocean freight shipments from 1 January 2021. This is why we have taken the decision to neutralize the carbon emission of all our LCL shipments.

Carbon 321
article thumbnail

Yara Clean Ammonia and Bunker Holding to develop the market for ammonia as a shipping fuel

Green Car Congress

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. This commitment will cover multiple global geographies and focus on serving First Mover initiatives spanning different regions.

Clean 195
article thumbnail

For the first time ever, the IEA predicts that global emissions will peak by 2025

Electrek

Clean energy will transform the global energy system by 2030, and solar and EVs are providing “hope for the way forward,” according to the IEA’s new “World Energy Outlook 2023,” released today. more… The post For the first time ever, the IEA predicts that global emissions will peak by 2025 appeared first on Electrek.

Global 142