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BMW i Ventures invests in Prometheus Fuels; CO2 air-capture and conversion to carbon-neutral gasoline

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BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. Once demonstrated, the main challenge will be in achieving speed to scale.

Gasoline 321
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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

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Recent breakthroughs in separations and catalysis, along with long-trend reductions in solar and wind electricity costs, have significantly increased the potential for cost-competitive renewable fuels from direct air capture (DAC) of CO 2. Once demonstrated, the main challenge will be in achieving speed to scale. —Rob McGinnis.

Gasoline 357
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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—Glen Peters, a Research Director at the CICERO Center for International Climate Research. CO 2 emissions from natural gas use have grown a sustained 2.2% to 8.0%), driven by a 5% increase in coal emissions, a sharp projected rise in oil of 10% back to 2019 levels, but a decline in gas of 4%. for natural gas, and 7.0%

Global 221
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AP Ventures makes follow-on investment in small-scale GTL company Greyrock Energy

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a provider of small-scale gas-to-liquids (GTL) technology. Greyrock’s systems are designed to transform a variety of gas resources (including natural gas, flare gas, bio-gas, natural gas liquids, and other feedstocks) into premium transportation fuels.

Companies 186
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IIASA: removing fossil fuel subsidies will not reduce CO2 emissions as much as hoped

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Fossil fuel subsidies amount to hundreds of billions of dollars worldwide, and removing them has been held up as a key answer to climate change mitigation. First, these subsidies generally apply only to oil, gas, and electricity. Click to enlarge. The reason for this small overall effect is two-fold.

Emissions 186
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GTI quantifies opportunity to produce low-carbon renewable natural gas (RNG) from wood wastes

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GTI has released a site-specific engineering design titled “ Low-Carbon Renewable Natural Gas (RNG) from Wood Wastes ”. According to the analysis, California has the potential to produce tens of billions of cubic feet of RNG per year from the wastes that are now being used for biomass-based electricity. Source: GTI.

Waste 281
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Final EPA report shows total US GHG emissions up 3.2% in 2010, total CO2 up 3.5%, total transportation CO2 up 1%

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The US Environmental Protection Agency (EPA) has released the 17 th annual US greenhouse gas (GHG) inventory. As the largest source of US greenhouse gas emissions, CO 2 from fossil fuel combustion has accounted for. When electricity-related emissions are distributed to economic end-use sectors, transportation activities accounted.

2010 252