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Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.

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Oil and Gas Climate Initiative to invest $1B over 10 years in low-emissions tech

Green Car Congress

The Oil and Gas Climate Initiative (OGCI) will invest $1 billion over the next ten years to develop and to accelerate the commercial deployment of innovative low-emissions technologies. OGCI Climate Investments (OGCI CI) will aim to deploy successfully-developed new technologies among member companies and beyond.

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Why EVs Aren't a Climate Change Panacea

Cars That Think

“Electric cars will not save the climate. There are two major reasons for this: first, EVs are not going to reach the numbers required by 2050 to hit their needed contribution to net zero goals , and even if they did, a host of other personal, social and economic activities must be modified to reach the total net zero mark.

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In a US first, the oil and gas sector will pay fines for excess methane emissions

Baua Electric

Photo by Juan Mt on Pexels.com The US Environmental Protection Agency (EPA) will fine oil and gas companies for emitting excess methane – the first federal government tax ever on greenhouse gas emissions. That’s because methane is a climate “super pollutant” that’s more potent than carbon dioxide. Representative Frank Pallone Jr. (D-NJ),

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EGEB: Oil and gas lobbyists are trying to stop clean energy with Facebook ads

Electrek

In today’s Electrek Green Energy Brief (EGEB): Fossil fuel lobbyists are using Facebook ads to try to thwart crucial climate-change initiatives. UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Click here to learn more and get your quotes. — *ad.

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ExxonMobil predicts peak in light-duty vehicle liquid fuels ~2030, but ongoing role for oil in the mix

Green Car Congress

As personal mobility increases, average new-car fuel economy (including SUVs and light trucks) will improve as well, rising from about 30 miles per gallon (7.83 However, oil will continue to play a leading role in the world’s energy mix, the report finds. l/100 km) now to close to 50 miles per gallon (4.7 l/100 km) in 2040.

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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. That’s what John Hennessy, Stanford professor (and former president) and chairman of Alphabet , told attendees at the Stanford Global Energy Forum , held in-person this month on the Stanford University campus.

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