article thumbnail

The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

The above shows that international hydrocarbon and mining sectors are facing a new obstacle, being confronted by large groups of socially and environmentally engaged shareholders, which are no longer looking at commercial value only. The latter is partly caused by “global warming constraints” and lower oil prices in general.

Oil 231
article thumbnail

MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

Green Car Congress

Normalized well-to-wake GHG emissions for low-, baseline- and high-emission cases for jet fuel pathways under different land use change scenarios. The focus of the work was on alternative jet fuels that could be available commercially in the next decade using primarily North American resources. From Hileman et al. Click to enlarge.

MIT 250
article thumbnail

Belfer Center Brief Urges Higher, Stable Energy Prices to Achieve Long-Term Energy Policy Objectives

Green Car Congress

The brief concentrates on six topics: climate change policy, carbon capture and storage policy, oil security policy, energy-technology innovation policy, electricity market structure, and infrastructure policy. Climate change policy. Oil security policy. Acting in Time on Energy Policy”.

Energy 150
article thumbnail

Pike Research forecasts global biofuels market value to double to $185B by 2021

Green Car Congress

between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Given the scale of development, to date, and the crystallization of interests among a diverse range of stakeholders, widespread biofuels commercialization is no longer a question of “if’’, but “when”. A more robust growth is expected.

Global 225
article thumbnail

Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

Ceres is a national network of investors, environmental organizations and other public interest groups working with companies and investors to address sustainability challenges such as global climate change. Market Risks : The economic competitiveness of oil shale and CTL is contingent on high oil prices.

Coal 210
article thumbnail

Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

Green Car Congress

EU climate policy aims to limit the global mean temperature increase from anthropogenic climate change to below 2 °C. Many critical technologies and fuels will need EU-wide R&D investments in order to be produced at commercial scale. Their paper is published in the ACS journal Environmental Science & Technology.

article thumbnail

Perspective: Government Leadership Needed for Electric Vehicles to Succeed

Green Car Congress

That’s where government comes in.only the government can help influence [change] by having a price for carbon and technical incentives. ”. Mr. Immelt’s point is that the spike in oil prices to $147/barrel in 2008 is not enough on its own to get automakers to make electric vehicles. It didn’t work very well at first.