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ICCT report finds expected surge in renewable diesel production could have damaging environmental impacts due to feedstock demand

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The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US.

Renewable 243
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White House: OPEC+ oil production increases “simply not enough”

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The EIA noted that concerns about decreased demand because of increasing COVID-19 cases have recently driven crude oil prices down, offsetting some initial price increases due to larger inventory draws. As a result, EIA’s crude oil price forecast remains mostly unchanged from the July STEO.

Oil 243
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EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

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World energy consumption by fuel type, 2010-2040. However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. Liquid fuels. Source: IEO2013. Click to enlarge.

2010 317
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Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

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According to their new paper published in the journal Science , after other emission reduction measures are employed to the maximum feasible extent, there is no alternative to widespread switching of direct fuel uses (e.g., rather than relative prices of technology, energy, or carbon as. in general equilibrium models. efficiency.

Climate 262
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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

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Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 million units. A faltering global auto market will have a big hit on sales of EVs.

Gasoline 269
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Alternative fuels to ‘power car industry growth’

Green Cars News

While the global economic climate may still be fairly dire, a new report suggests that for the UK auto industry growth will be driven by new technology and investment into alternative fuel powertrains over the coming few years. While rising oil prices might seem to pose a threat to auto makers, according to the latest [.].

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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

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This glut could be exacerbated by future carbon taxes and other policy restrictions on fossil fuels, he said. As recently as 2015, Saudi energy officials dismissed suggestions that the kingdom would seek to raise its crude oil production capacity above its theoretical maximum of 12.5 million barrels per day (m b/d). m b/d thresh- old.