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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. This will, of course, come at a cost for energy-hungry regions or consumers.

Oil 231
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Renewable hydrogen fuel being studied for the Port of Seattle

Green Car Congress

The research is part of Seattle City Light's “Utility Next” portfolio, a collection of 17 prospective projects to enable Seattle’s vision of a clean energy future. Collectively, these projects will transform Seattle City Light's grid, meet future demand, and explore the future of clean energy development of the region.

Seattle 186
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DOE releases draft of $8B loan guarantee solicitation for advanced fossil energy projects

Green Car Congress

The US Department of Energy (DOE) released a draft for comment of an $8-billion loan guarantee solicitation for innovative and advanced fossil energy projects and facilities that substantially reduce greenhouse gas and other air pollution. The program is part of President Obama’s climate action plan. Earlier post.).

Energy 199
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DOE Coal FIRST Initiative invests $80M in net-zero carbon electricity and hydrogen plants

Green Car Congress

The US Department of Energy’s (DOE) Office of Fossil Energy (FE) has selected four projects for cost-shared research and development under the funding opportunity announcement (FOA), DE-FOA-0002180, Design Development and System Integration Design Studies for Coal FIRST Concepts.

Coal 186
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Kinder Morgan Acquires Three Ethanol Handling Terminals and Forms New Ethanol Joint Venture; US-Wide Ethanol Distribution Network

Green Car Congress

As part of the transaction, KMP and USD have entered into a joint venture agreement which will optimize and coordinate customer access to the expanded distribution platform and facilitate the rapid expansion of additional ethanol logistics facilities throughout the United States.

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Why Is There So Much Tribalism In Alternative Fuels? There Are 39 Trillion Reasons (Part 2 Of 2)

CleanTechnica EVs

In the end, the laws of thermodynamics will win. Hype doesn’t stand a chance against reality in the long term. The $39 trillion in annual profits is up for grabs, and the fossil fuel industry is fighting hard to keep as much of it as possible, or at least delay its loss as long as possible.

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Why Is There So Much Tribalism In Alternative Fuels? There Are 39 Trillion Reasons (Part 1 Of 2)

CleanTechnica EVs

That's the reason why there's all this tribalism in alternative fuels. There’s $39 trillion in annual profits in the industry up for grabs.