Remove Climate Remove Climate Change Remove International Remove Oil Prices
article thumbnail

State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

Green Car Congress

The document is a detailed draft technical review of potential environmental impacts associated with the segment of the pipeline in the US, including: impacts from construction, impacts from potential spills, impacts related to climate change, and economic impacts. What Keystone XL would carry. —Draft SEIS. Background.

article thumbnail

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

Green Car Congress

The model uncovers an important consideration for government agencies as they create regulations to address climate change: To reduce carbon emissions by reducing demand for oil, policymakers must take into account the global oil market’s structure.

Oil 305
article thumbnail

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

Green Car Congress

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. The latter is partly caused by “global warming constraints” and lower oil prices in general.

Oil 231
article thumbnail

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

Green Car Congress

Removing fossil fuel subsidies would have only a small effect on CO 2 emissions and renewable energy use, according to a new study led by the International Institute for Applied Systems Analysis (IIASA) and published in the journal Nature. This is facilitated by today’s low oil prices. This equates to 0.5-2

Emissions 186
article thumbnail

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

KPMG developed 3 nexuses linked by climate change to represent the challenges of sustainable growth. In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. —“Expect the Unexpected: Building Business Value in a Changing World”.

article thumbnail

Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

Green Car Congress

Each of these sources of domestic demand is increasing, propelled by rising populations, growing incomes and subsidized end-user prices that, despite a recent adjustment, remain among the lowest in the world. Internationally, Saudi Arabia also faces conflicting priorities for its crude oil.

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. International engagement—especially with China—is also a need.

Energy 150