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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

Green Car Congress

Porsche is investing US$75 million in HIF Global LLC, a holding company of internationally active project developers of eFuel production facilities. Initiated by Porsche and implemented with partners including Siemens Energy and ExxonMobil, production of eFuels from hydrogen and CO 2 using wind energy is expected to start there in mid-2022.

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AIChE and IChemE to build global alliance on hydrogen

Green Car Congress

The partnership will bolster the professional societies’ shared interest in supporting industry in the adoption of hydrogen as an energy carrier for industrial and commercial applications that will form a vital part of the road to net zero greenhouse gas emissions. The letter of intent was signed on 10 May 2023, by Billy B.

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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

Some will suffer greatly from climate change, while others may even benefit. These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. —Cruz & Rossi-Hansberg.

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HEI study links fossil fuel combustion with more than 1 million deaths globally

Green Car Congress

Fossil fuel combustion, a major source of air pollution, contributed to more than one million deaths globally in 2017, more than 27% of all deaths from outdoor fine particulate matter (PM 2.5 ), according to a new report published by the Health Effects Institute (HEI). According to HEI’s State of Global Air , PM 2.5

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

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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. Source: BloombergNEF.

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Toyota once again ranked as worst automaker on climate lobbying globally

Baua Electric

Toyota has the worst climate lobbying score of any automaker, and the third-worst 2030 EV production plans, according to InfluenceMap’s annual report on climate lobbying. Toyota has routinely ranked at the bottom of InfluenceMap’s climate policy engagement rankings, and this year is no different.

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Consortium proposes large-scale industrial cultivation of marine microalgae (ICCM) as solution to global energy, food, and climate issues

Green Car Congress

Members of the Marine Algae Industrialization Consortium (MAGIC), led by Duke University in North Carolina, have published an open-access paper in the journal Oceanography presenting the large-scale industrial cultivation of marine microalgae (ICMM) as an answer to pressing global energy, food and climate security issues.

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