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EIA expects continued high prices for diesel and home heating oils

Green Car Congress

The US Energy Information Administration (EIA) expects that low inventories of distillate fuels, which are primarily consumed as diesel fuel and heating oil, will lead to high prices through early 2023. Inventories are just one part of the supply equation for diesel and other distillates. EIA forecasts Russia will produce 9.3

Oil 334
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The War in Ukraine Disrupts Trade in Both Food and Fuel

Cars That Think

The Russian invasion of Ukraine has brought a stream of reports about the country’s energy exports. This means that in 2021 the EU got more than 40 percent of its natural gas, 27 percent of its oil, and 46 percent of its coal imports from Russia, for which it paid €99 billion, or nearly US $10 billion a month. Here are the basic facts.

Ukraine 81
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Australian thermal coal mine aims for Q4 restart on supply deal – ET Auto

Baua Electric

Surging prices for coal last year have led to some new coal mines ramping up after the war in Ukraine exacerbated a supply shortage brought on by growing reluctance from climate conscious investors to funding new fossil fuel projects. In March it had said it expected to restart in the second half of 2023.

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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. CO 2 emissions from coal use are expected to grow 1.0% [0.2% While the data indicates that coal use has plateaued in the last 10 years, there remains considerable uncertainty on when it will start to decline. increase in 2021.

Global 221
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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

He took the first step in Crimea in 2014 , and in the early morning hours of 24 February he ordered a large-scale invasion of Ukraine. Over the years, there have been brief supply interruptions and price swings, but nothing like what’s going on now. But Russia now has a huge ally in the world’s largest economy, China.

Ukraine 124
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Green Hydrogen Cars: How They are Different?

Get Electric Vehicle

Furthermore, unlike coal and oil, it is a clean energy source that produces only water vapor and leaves no residue in the air. Furthermore, if production prices fall by 50% by 2030, as forecasted by the World Hydrogen Council, we will surely be dealing with one of the future fuels. Hydrogen has a long history of working with industry.

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The Future of Fission Reactors May Be Small

Cars That Think

In part because large reactors can be expensive and delay-prone. Even more discouragingly, nuclear’s per-unit cost increased 26 percent between 2009 and 2019—while solar and wind power prices plummeted instead. What Part 53 will look like isn’t yet certain. What will nuclear authorities do with that waste?

Future 115