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DOE awards $165M GEODE grant to consortium to accelerate development of geothermal by leveraging oil and gas industry

Green Car Congress

The grant will provide $10 million in the first year, which will fund the consortium members, in collaboration with more than 100 partner entities, to develop a roadmap to accelerate the growth and development of geothermal, leveraging expertise, technologies, and methods from the oil and gas industry.

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The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.

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Shell CEO Says Company Needs Oil To Finance Clean Energy Future

InsideEVs

Some oil companies insist they're doing everything they can to save the planet, but it seems they're taking their time.

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1.8 Million Barrels of Oil a Day Avoided from Electric Vehicles

CleanTechnica EVs

Million Barrels of Oil a Day Avoided from Electric Vehicles appeared first on CleanTechnica. We love covering electric vehicle sales and new electric vehicle models, but something we get to cover much less is. continued] The post 1.8

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Big Oil Betting On Electric Vehicles

Green Car Congress

Speaking this week at the Bloomberg New Energy Finance conference in New York, Total SA’s chief energy economist, Joel Couse, forecasted that EVs will make up 15 to 30 percent of global new vehicle sales by 2030. Oil demand for transportation fuel see its “ demand will flatten out ,” after 2030, Couse said. Maybe even decline. ”.

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 Comic Relief Department: Shell CEO Says The Best Way To Finance Clean Energy Is To Consume More Oil

CleanTechnica EVs

Now that Tesla has grown to become a trillion-dollar company (larger than any of the legacy automakers, and larger than most of the “oil giants”), the petroleum crowd has […]. By Charles Morris A few years ago, when electric vehicles were considered an R&D project, the fossil fuel interests had little to say about them.

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Combustion-vehicle sales peaked in 2017, peak oil due in 2027

Green Car Reports

The global market for internal-combustion vehicles peaked in 2017 and is now in "structural decline," Bloomberg New Energy Finance declared in a recent report. Combustion-vehicle sales in 2022 were down almost 20% from the 2017 peak, according to BNEF.

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