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Summary of decisions from Durban climate conference

Green Car Congress

is not high enough to keep the global average temperature rise below two degrees Celsius, based on forecasts. The next major UNFCCC Climate Change Conference, COP 18/CMP 8, will take place 26 November to 7 December 2012 in Qatar, in close cooperation with the Republic of Korea. and to assist the Conference of the Parties.

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Big Oil Betting On Electric Vehicles

Green Car Congress

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. One barrier is the cost of owning an electric vehicle versus a cheaper, comparable gasoline-engine vehicle.

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Study finds stabilizing warming at 1.5 ?C would result in economic hit through 2100; benefits accrue by 2300

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A new study by a team from San Jose State University and Stanford University has found that—even under heightened damage estimates—the additional mitigation costs of limiting global warming to 1.5 °C C by 2100 would eventually confer net benefits of thousands of trillions of dollars in gross world product by 2300.

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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

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Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers. Source: ExxonMobil.

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Anderman: Li-ion capacity far outstripping demand as automakers focus more on hybrids, less on full EVs

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Anderman is founder and chairman of the Advanced Automotive Battery Conference (AABC); the 13 th annual conference is scheduled for February 2013 in Pasadena, California. The Roland Berger study starts with a bottom-up calculation of cell and material costs right along the value chain. Source: Roland Berger. Click to enlarge.

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Huge Backlog Could Trigger New Wave Of Shale Oil

Green Car Congress

Last summer, Pioneer Natural Resources’ CEO Timothy Dove warned in a conference call that oilfield services costs could increase when those pipelines come online because producers may rush to complete DUCs all at once. “[T]hat The cost of drilling a well accounts for 30 to 40 percent of the total cost, according to S&P Global Platts.

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Supercomputer Emulator: AI’s New Role in Science

Cars That Think

Artificial intelligence has become an indispensable tool in many scientists’ lives, such that its use by researchers now has its own moniker— AI4Science —used by conferences and laboratories. If you use the emulator many times, you amortize the cost of generating the training data and the cost of training.

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