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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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For example, rich countries such as Germany can throw billions of dollars at their coal sector to ease their transition pain, offering generous financial aid to lignite-producing regions. Saudi Arabia and Kuwait might, and should be encouraged to do so. This scenario assumes a full global consensus for action on climate change.

Carbon 207
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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It not only solves our air quality and climate challenges by producing pollution-free hydrogen. It can also provide lowest-cost long-term storage for electrical grids relying on renewable energy. Producers of so-called blue, gray and brown hydrogen use either fossil fuels (natural gas or coal) or low-temperature gasification (.

Waste 448
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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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Wind and solar have been exhibiting very rapid growth, even as subsidies and support have in general become less generous, and that has been driven mainly by dramatic improvements to their cost-competitiveness, as well as by the removal of barriers such as grid bottlenecks. Oil at $60/barrel could mean a natural gas price as much as $0.90/MMBtu