article thumbnail

IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

Green Car Congress

Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit.

Price 416
article thumbnail

Ford poll finds Europeans want freedom of car ownership, but worry about traffic, cost of driving, environment

Green Car Congress

A new Ford Motor Company-sponsored poll of 6,000 people across Europe found that most Europeans remain committed to car ownership, but have growing concerns about traffic congestion, the cost of driving and the environment. 57% say elected bodies bear most responsibility for reducing transport impact on the environment.

article thumbnail

ICL team assesses relative costs of carbon mitigation for 12 H2 production paths; trade-off between cost and level of decarbonization

Green Car Congress

A team at Imperial College London has examined the relative costs of carbon mitigation from a lifecycle perspective for 12 different hydrogen production techniques using fossil fuels, nuclear energy and renewable sources. Their results show a trade-off between the cost of mitigation and the proportion of decarbonization achieved.

Cost Of 236
article thumbnail

National labs team delivers techno-economic analyses of H2 DRI scenarios for green steel

Green Car Congress

Yet, the lack of established process and business models defining “green steel” make it difficult to understand what the respective H 2 price has to be in order to be competitive with commercial state-of-the-art natural gas DRI. … When using H 2 only for iron ore reduction, economic viability is reached at an H 2 procurement cost of $1.70

Green 355
article thumbnail

The Impact of Gas Price Trends on Vehicle Choice

Clean Fleet Report

When gas prices are on the rise, it had a big impact on the type of vehicles that people were buying. The Cost of Gas Has a Big Impact on Vehicle Choice. But for many people, one of the most important considerations is the cost of gasoline. SUV and Truck Sales Decreased as Gas Prices Increased.

Gas 90
article thumbnail

Survey finds big shift in UK buyers’ attitude to diesel; more concern over running costs than environment

Green Car Congress

With engine performance and good fuel consumption being rated as the two most important factors for car buyers, the shift from diesel to gasoline is more about running costs than concerns about the environment, following the diesel emissions scandal last year.

article thumbnail

T&E: Electric bus orders in Europe more than doubled to 1,031 units in 2017; ~9% share of new registrations

Green Car Congress

The number of battery-electric buses ordered in Europe more than doubled in 2017 compared to 2016, reaching 1,031 vehicles, according to a new analysis by environmental NGO Transport & Environment. When these estimated externalities are factored in, electric buses show a lower 8-year total cost of ownership than diesel, T&E said.

Europe 391