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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

Green Car Congress

GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. However, the amount of time taken to make up that price differential depends on the cost of fuel.

CO2 353
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PNNL team develops new low-cost method to convert captured CO2 to methane

Green Car Congress

Earlier this year, PNNL researchers revealed that using EEMPA in power plants could slash the price of carbon capture to 19% lower than standard industry costs—the lowest documented price of carbon capture. 2021), “Integrated Capture and Conversion of CO2 to Methane using a Water-lean, Post-Combustion CO2 Capture Solvent.”

Low Cost 315
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EIA expects 7% increase in US energy-sector CO2 emissions as economic activity increases during 2021

Green Car Congress

Despite significant growth in energy-related CO2 emissions as the U.S. EIA forecasts an 87% increase this year in delivered natural gas prices for the electric power sector, and these higher prices will make natural gas a less competitive electricity source. Gasoline prices averaged $3.14 per gallon in August and $2.82

CO2 305
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EIA: California drought will decrease hydropower, increase natural gas use and CO2 emissions

Green Car Congress

EIA expects that level of decrease in hydropower generation would lead to an 8% increase in California’s electricity generation from natural gas, a 6% increase in energy-related carbon dioxide (CO 2 ) emissions in the state, and an average 5% increase in wholesale electricity prices throughout the West given the current system configuration.

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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

Green Car Congress

In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels. 2020.01.002.

Gasoline 357
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Montauk Renewables signs LOI with European Energy to provide CO2 for e-methanol production in Texas

Green Car Congress

The planned delivery would prevent biogenic CO 2 from entering the atmosphere and put it to beneficial use, creating a new fixed-price commodity revenue stream for Montauk. The LOI between Montauk and EE North America assists Montauk in synchronizing capital commitment timing at its Texas facilities with EE North America’s project.

Texas 370
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Give credit where it’s due! Hyundai calls for more EV support under Labor’s new CO2 reduction scheme

EV Central

And it wants the $100 per gram fine proposed for exceeding CO2 emissions limits under the governments preferred ‘Option B’ version of the New Vehicle Efficiency Standard (NVES) reduced. or 1.5 – and therefore subsidise CO2-emitting vehicles in the line-up. “So We can get to B, but we need some support.” 2024 Hyundai Ioniq 5 N.

Hyundai 103