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Could Big Oil Be Lobbying For Hydrogen Cars To Delay Electrification?

CleanTechnica EVs

Michael Liebreich, who founded BloombergNEF (originally New Energy Finance), is passionate about helping the environment, and thus humans. He recently said that the oil sector is lobbying for inefficient hydrogen cars because it wants to delay electrification.

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Commentary: Could falling oil prices spark a financial crisis?

Green Car Congress

The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns. by Nick Cunningham of Oilprice.com.

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“Project Volt Gas Volt” proposes long-term financing plan to support widespread implementation of power-to-gas systems

Green Car Congress

Project Volt Gas Volt is based on a long-term financing plan and the use of existing technologies for the large-scale conversion of surplus renewable electricity to methane, with subsequent reuse. Financing Project VGV: the Green Redemption Fund. Diagram: Isabelle Plat. Click to enlarge.

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Global Bioenergies picks up new €1.4M financing for isobutene program; targeting Germany expansion

Green Car Congress

million) financing from Bpifrance on the isobutene program. Bpifrance granted Global Bioenergies a “Zero Percent Interest Innovation Loan” (Prêt à Taux Zéro Innovation) to adapt its isobutene process to certain specific industrial environments. million (US$1.6-million) million interest-free loan over seven years.

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Government of Canada releases framework for ending fossil fuel subsidies

Green Car Congress

Canada is also committed to phasing out public financing of the fossil fuel sector. This refers to financing beyond the scope of the fossil fuel subsidies commitment. Canada is the only G20 country to phase out inefficient fossil fuel subsidies ahead of the 2025 deadline.

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Opinion: OPEC Divorce And Self-Destruction Thanks To Saudi Oil Strategy?

Green Car Congress

If You’re a Free Range Oil Producer. Despite low oil prices, Saudi Arabia is maintaining its investment in its oil industry. Of this, the Saudi government will finance $239 billion, while private investors will finance $79 billion, as well as investments in refining (which it does not specify). percent to $38.1

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Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long

Green Car Congress

One casualty of the oil price downturn could be the megaproject. For years, as conventional oil reserves depleted and became increasingly hard to find, oil companies ventured into far-flung locales to find new sources of production. The collapse of oil prices, however, could kill off the megaproject.

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