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New Mexico Adopts Greenhouse Gas Cap-and-Trade Program

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The New Mexico Environmental Improvement Board (EIB) adopted by a vote of four to three greenhouse gas reduction regulations—called the most stringent in the US—that will reduce global warming pollutants through a regional cap on greenhouse gas emissions. New Mexico Greenhouse Gas Cap-and-Trade Regulation.

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BHP offboards its petroleum business in merger with Woodside; focus on “future-facing commodities”

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Anglo-Australian BHP Group is merging its oil and gas business with Woodside Petroleum Ltd. Shenzi is a six-lease development in the deepwater Gulf of Mexico and is structured as a joint ownership: BHP (Operator, 72% interest) and Repsol S.A. (28% 28% interest). BHP also recently announced that it will supply Tesla Inc.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

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In a pre-response to that speech, having successfully advocated for plug-in hybrids like the forthcoming Chevy Volt, we propose that the President follow that speech up with a “realistic and conservative” roadmap to halve our oil use in 10 years. Oil is holding us all hostage, economically and physically. Finally, it’s time to begin.

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EBI study concludes potential contribution of microalgae biofuels in US will be modest due to resource constraints and cost

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However, the report concludes, over the long-run, algae oil could make a vital, even if modest, contribution to a US biofuels industry. “The main conclusion from this report is that oil production with microalgae will be expensive, even with relatively favorable process assumptions (e.g. low cost system designs, high.

Oil 210
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DOE awarding $35.4M to 13 projects to advance deepwater drilling technologies

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million 13 projects aimed at reducing risks while enhancing the environmental performance of drilling for natural gas and oil in ultra-deepwater settings. Det Norske Veritas — Ultra-deepwater Dry Tree System for Drilling and Production in the Gulf of Mexico. DOE share: $701,733; Recipient share: $175,434; Duration: 2?years.

Mexico 186
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DOE Awards $20M to Boost Development of Innovative Geothermal Technologies

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These projects are to demonstrate the technical and economic feasibility of non-conventional geothermal energy technologies in three research areas: low temperature fluids, geothermal fluids recovered from oil and gas wells, and highly pressurized geothermal fluids. Geothermal Fluids Produced from Oil and Gas Wells.

Louisiana 199
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Solar fuels company Joule commissions first plant to demo commercial readiness, launches Joule Fuels subsidiary to advance direct solar-to-fuels platform

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Joule has commissioned its first SunSprings demonstration plant in Hobbs, New Mexico ( earlier post ), where the company will prove its scalable platform for solar fuel production using a fraction of the land and capital investment required for algae-derived or agricultural biofuels. The initial output of the SunSprings plant will be ethanol.

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