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3 Oil Majors That Bet Big On Renewables

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

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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. by Cyril Widdershoven for Oilprice.com.

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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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The majority (62%) of the plantations were located on the island of Sumatra, and more than two-thirds (69%) of all industrial plantations were developed for oil palm cultivation, with the remainder mostly being Acacia plantations for paper pulp production. Earlier post.). —Dr.

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Cohort of new stakeholders joins Open Hydrogen Initiative

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Hydrogen demand is currently concentrated in oil refining and ammonia production, but nearly 90% of projected demand growth through 2050 comes from new sectors like heavy-duty transportation, steel production, and long-term energy storage. According to S&P Global Commodity Insights’ hydrogen outlook, global hydrogen demand grows from 70.4

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EEA report: EVs are better for climate and air quality

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The EEA report ‘ Electric vehicles from life cycle and circular economy perspectives ’ reviews current evidence on electric cars’ impacts on climate change, air quality, noise and ecosystems, compared with conventional cars. The EEA has also published a new briefing on the environmental and climate impacts of transport.

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Study finds total greenhouse gas footprint of blue hydrogen “quite high” due to fugitive methane

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Perhaps surprisingly, the greenhouse gas footprint of blue hydrogen is more than 20% greater than burning natural gas or coal for heat and some 60% greater than burning diesel oil for heat, again with our default assumptions. Even if true though, the use of blue hydrogen appears difficult to justify on climate grounds.

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Why EVs Aren't a Climate Change Panacea

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“Electric cars will not save the climate. This is due to the 30 to 40 percent increase in emissions EVs create in comparison to manufacturing an ICE vehicle, mainly from its battery production. Behavioral change is hard How willing are people to break their car dependency and other energy-related behaviors to address climate change?