Remove Climate Change Remove Emissions Remove Power Grid Remove Wind
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Further, according to Rystad Energy, Big Oil is expected to pump in $166B into new oil and gas ventures over the next five years, thus dwarfing the currently specified outlay of just $18B (less than 10% of capex) for solar and wind energy projects. Good case in point: Italian multinational oil and gas giant Eni S.p.A. 2 Total SA.

Oil 418
article thumbnail

Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Many countries have met their climate goals and are on track to be completely carbon neutral. Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables.

Wind 89
article thumbnail

The Complex Calculus of Clean Energy and Zero Emissions

Cars That Think

As legislation worked its way through Congress, Jenkins’s team provided elected officials, staffers, and stakeholders with a running tally of the possible trade-offs and payoffs in emissions, jobs, and economic growth. The target of reducing emissions by 50 percent by 2030 was established through an executive order in 2021.

Clean 93
article thumbnail

How EVs Are Reducing Carbon (CO2) Emissions

Blink Charging

As the world grapples with the pressing issue of climate change, it is evident that we need swift action to avert its worst impacts. One avenue to combat this crisis is a rapid reduction in carbon emissions from our daily transportation, one of the leading contributors of CO 2 emissions.

Carbon 52
article thumbnail

Renewable Energy & EV Charging – Perfect Synergy

Driivz

As the world continues to face climate change challenges, it is becoming increasingly critical that we transition to more sustainable energy sources. Renewable energy, such as solar and wind power, is a more environmentally friendly and cleaner alternative to traditional fossil fuels.

article thumbnail

IEEE Discusses 6 Simple Solutions to Climate Change at COP27

Cars That Think

Simple, effective solutions that can help lessen the impact of climate change already exist. Rahman, a power expert and professor of electrical and computer engineering at Virginia Tech , is the former chair of the IEEE ad hoc committee on climate change.

article thumbnail

Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. Siemens proposes giving up a fixed target for renewables and focus on reducing CO 2 emissions in the future instead.

Germany 239