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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

Green Car Congress

New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

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Why EVs Aren't a Climate Change Panacea

Cars That Think

Environmental groups foresee the public needing to use electrified mass transit , reduce long-haul flights for business as well as pleasure), increase telework, walk and cycle to work or stores, change their diet to eat more vegetables, or if absolutely needed, drive only small EVs. The answer is perhaps some, but maybe not too much.

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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

Green Car Congress

This year’s edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon emissions. Renewables grew by 14.5%, nearing their record-breaking increase in 2017, but this still accounted for only around a third of the increase in total power generation.

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How renewable diesel can help fight climate change

Clean Fleet Report

Over 20 years ago, Neste developed the technology to produce renewable diesel; now, Neste’s renewable diesel is made from sustainably sourced renewable raw materials such as used cooking oil and animal fat from food industry waste. has relied on fossil fuels to power transportation for over 150 years.

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EPA proposes new pollution standards for fossil fuel-fired power plants

Green Car Congress

The US Environmental Protection Agency (EPA) has proposed new CO 2 standards for coal and natural gas-fired power plants. Through 2042, EPA estimates the net climate and health benefits of the standards on new gas and existing coal-fired power plants are up to $85 billion.

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How Engineers Can Help Protect Earth From Worsening Climate Change

Cars That Think

Fortunately, we still have a narrow window of opportunity to alter the Earth’s climate path, and I believe we can do it. Climate change is a global societal crisis that is causing devastating consequences. Deforestation is contributing to climate change. We need to address the crisis now in a sustainable way.