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

Green Car Congress

The all-stock merger will create a global top 10 independent energy company by production, and will also allow BHP to focus more intently on “future-facing commodities” that are most positively leveraged towards population growth, rising living standards, electrification and decarbonization, the company said. 28% interest). Earlier post.).

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Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

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trillion) through to 2050 and can help cut the world’s road transport energy use and CO 2 emissions by nearly half in that same time, by improving vehicle fuel economy, according to an opinion paper recently published by the Commonwealth Advisory Bureau (CAB) and sponsored by the Global Fuel Economy Initiative (GFEI).

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UPS to invest $100M more in compressed natural gas, CNG vehicles and related infrastructure

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CNG is made by compressing natural gas to less than one percent of the volume it occupies at standard atmospheric pressure. The use of natural gas reduces greenhouse gas emissions six to 11 percent, according to the US Department of Energy. Trinidad, Colo., Trinidad, Colo., Columbia, S.C.; Phoenix, Ariz.; Columbia, S.C.;

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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At issue is the 2012 expiration of the Kyoto Protocol, a binding but effectively unenforceable 1997 treaty that had set greenhouse gas (GHG) emission reduction targets for 40 industrialized countries, referred to as Annex 1 countries, yielding an average GHG reduction of 5.2%

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