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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. by Cyril Widdershoven for Oilprice.com.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. But like trying to turn a massive oil tanker, it takes time. Meanwhile, the volume of actual coal-fired power generated and consumed in developing countries jumped to 6.9

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 Comic Relief Department: Shell CEO Says The Best Way To Finance Clean Energy Is To Consume More Oil

CleanTechnica EVs

Now that Tesla has grown to become a trillion-dollar company (larger than any of the legacy automakers, and larger than most of the “oil giants”), the petroleum crowd has […]. By Charles Morris A few years ago, when electric vehicles were considered an R&D project, the fossil fuel interests had little to say about them.

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

Green Car Congress

The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09

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Government of Canada releases framework for ending fossil fuel subsidies

Green Car Congress

Canada is also committed to phasing out public financing of the fossil fuel sector. This refers to financing beyond the scope of the fossil fuel subsidies commitment. Canada is the only G20 country to phase out inefficient fossil fuel subsidies ahead of the 2025 deadline.

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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

Green Car Congress

About 63% of today’s nuclear generating capacity comes from plants that are more than 30 years old, since many were built in the aftermath of the 1970s oil shocks. Government financing will remain necessary to mobilise new investment, not just for plants but also to develop the latest technologies.

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Four Startups Aim to Change the Climate Tech Game

Cars That Think

Starting a company to develop an energy technology that fights climate change is hard—a lot harder than starting a software company. As someone living in California, I immediately flashed on all the oil pumpjacks I pass on the drive from the Bay Area to Los Angeles, so he didn’t have to convince me that the infrastructure exists.

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