Remove Climate Remove Economy Remove Gas-Electric Remove Industry
article thumbnail

Government of Québec launches $6.7B 2030 Green Economy Plan; emphasis on transportation electrification

Green Car Congress

The Premier of Québec François Legault, and the Minister of the Environment and the Fight against Climate Change and Minister responsible for the Laval region, Benoit Charette, unveiled the 2030 Green Economy Plan (PEV 2030) and its first 2021-2026 implementation plan, with an envelope of $6.7 billion over five years. A target of 1.5

article thumbnail

Responsible Battery Coalition and U Michigan launch study to compare electric and gas vehicle lifetime costs

Green Car Congress

The Responsible Battery Coalition, in partnership with the University of Michigan Center for Sustainable Systems, launched a comprehensive research project to compare the total cost of ownership of gas and electric vehicles (EVs). Projections of future gasoline and electricity prices. Anticipated driving patterns.

Michigan 199
article thumbnail

BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

Gas 243
article thumbnail

Energy researchers: clean US hydrogen economy is within reach, but needs a game plan

Green Car Congress

Addressing climate change requires not only a clean electrical grid, but also a clean fuel to reduce emissions from industrial heat, long-haul heavy transportation, and long-duration energy storage. However, they note, a clean US hydrogen economy will require a comprehensive strategy and a 10-year plan.

Hydrogen 199
article thumbnail

Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. trillion per year by 2050.

Clean 429
article thumbnail

STEAG and thyssenkrupp planning joint green hydrogen project

Green Car Congress

The hydrogen strategies recently adopted by the state of North Rhine-Westphalia as well as those of the German Federal Government and the European Union underline the importance of hydrogen for a climate-neutral society. They endorse the development of a hydrogen economy and infrastructure in Germany and in Europe.

Hydrogen 482
article thumbnail

IIASA study proposes solid air hydrogen liquefaction as efficient addition to hydrogen liquefaction supply chain

Green Car Congress

One of the challenges of constructing a global hydrogen economy is hydrogen transportation by sea. The world is undergoing an energy transition to reduce CO 2 emissions and mitigate climate change. At standard temperature and pressure, air is a gas, but under certain conditions, it can become a liquid or solid. Montanari, P.,

Hydrogen 273