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UK accelerates end of sale of new gasoline and diesel cars to 2030, hybrids to 2035

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UK Prime Minister Boris Johnson confirmed that the government will accelerate the ban on the sale of new gasoline and diesel vehicles, bringing it forward by ten years to 2030, as part of a “Green Industrial Revolution.” The sale of hybrid cars will be allowed until 2035. billion (US$1.7

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ICCT LCA study finds only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways

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In addition to its regional and temporal scope, this study is distinct from earlier LCA literature in four key aspects: This study considers the lifetime average carbon intensity of the fuel and electricity mixes, including biofuels and biogas. Source: The ICCT.

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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

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In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.

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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

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Low global oil inventories coupled with continued high demand for gasoline, diesel, and other petroleum products means that increased production likely won’t have much impact on prices in the short term. EIA forecasts that retail sales of electricity to the industrial sector will grow by 2.8% and by 1.5% in summer 2021.

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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

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The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. EIA forecasts US gasoline prices to average around $3.30 EIA forecasts that US refining margins for diesel will fall by 20% in 2023 and by 38% in 2024.

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Sinopec Xinjiang Kuqa green hydrogen pilot project enters operation

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Green hydrogen is produced by facilities powered by renewable power sources such as solar and wind energy, minimizing the carbon footprint across the entire production process. million tons per year, gasoline and diesel hydro-fining capacity of 2.4 million tons per year, gasoline and diesel hydro-fining capacity of 2.4

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Tevva and Vattenfall collaborate to develop zero-emission transport solution; electric with hydrogen range extender

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Electric truck company Tevva and Vattenfall signed a Memorandum of Understanding to explore the opportunity to provide a complete zero-emission transport solution for businesses looking to reduce the overall carbon impact of their operations. Tevva is an electric truck company with optional range extension technology that allows its 7.5-19t

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