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Why EVs Aren't a Climate Change Panacea

Cars That Think

must cease by 2038 at the latest, according to research company BloombergNEF (BNEF). Nevertheless, for EVs themselves to become true zero emission vehicles, everything in their supply chain from mining to electricity production must be nearly net-zero emission as well. For the U.S. These will also have to be decarbonized.

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Kobe Steel and Mitsui to partner on DRI project in Oman

Green Car Congress

Using both carbon and hydrogen molecules in the natural gas for reduction allows an immediate reduction of CO₂ emission by maximum 40% compared to the traditional blast furnace which uses primarily coal. The steel industry is working on reduction of CO₂ emissions to address climate change. Kobe Steel, Ltd. and Mitsui & Co.,

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3 Oil Majors That Bet Big On Renewables

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An analysis of near-term spending plans on renewables by the biggest oil and gas companies shows that real investments in renewable energy will continue to pale in comparison to capex plans for greenfield fossil fuel projects. Yet, its natural gas output will still comprise 85% of its total production by the end of the forecast period.

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Peabody, world's largest private coal company, files for bankruptcy

Green Car Reports

Peabody Energy—the world's largest private coal company—filed for bankruptcy this week. The company cited a variety of factors, including lower-than-expected demand for coal, and increased production of cheap natural gas obtained through "fracking" in the U.S. billion of Australian.

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

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Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. Many countries, cities, companies, and individuals have made pledges to reduce emissions, and it is stark reminder that despite all this rhetoric, global fossil CO 2 emissions are more than 5% higher than in 2015, the year of the Paris Agreement.

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Eight energy majors commit to reduce methane emissions within natural gas industry

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The energy companies also agreed to encourage others across the natural gas value chain—from production to the final consumer—to do the same. The commitment by companies to the Guiding Principles is a very important step; we look forward to seeing the results of their implementation and wider application.

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Rio Tinto validates BioIron process for low-carbon iron-making; biomass and microwave energy

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The process, known as BioIron, uses raw biomass instead of metallurgical coal as a reductant and microwave energy to convert Pilbara iron ore to metallic iron in the steelmaking process. The BioIron process works using lignocellulosic biomass including agricultural by-products (e.g. Earlier post.)

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