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Sasol to Study Viability of $10B Coal-to-Liquids Project in Indonesia

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Sasol and the Indonesian government have signed a preliminary agreement to study the viability of developing a coal-to-liquids facility project in Indonesia, with estimated project cost of more than $10 billion. This is in line with Indonesia’s energy policy, which aims to diversify from oil to coal.”.

Indonesia 186
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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

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Remember when the dot.com bubble burst in 2000 and, seemingly overnight, some companies ceased making millions hand-over-fist? Unlike other established markets the solar industry is still a tiny fraction of the overall energy production worldwide. kWh average cost of electricity in the United States and globally.

Solar 246
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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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Driven by increasing population, urbanization and rising living standards, the world will require some 35% more energy in 2040, according to ExxonMobil’s annual forecast report: Outlook for Energy: A View to 2040. Without the projected gains in efficiency, global energy demand could have risen by more than 100%.

Oil-Sands 309
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Study concludes abundant shale gas is neither climate hero nor villain; need for targeted GHG reduction policy

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While natural gas can reduce greenhouse emissions when it is substituted for higher-emission energy sources, abundant shale gas is not likely to substantially alter total emissions without policies targeted at greenhouse gas reduction, according to a new study by two researchers at Duke University.

Climate 199
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Fossil Fuel Production Up in 2008 Despite Recession

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World production of fossil fuels—oil, coal, and natural gas—increased 2.9% Energy prices reflected this shift: oil peaked at $144 per barrel in July, then fell to $34 per barrel in December. Coal has led the growth in fossil fuel production. By 2008, coal production represented a third of fossil energy production.

2008 150
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IPCC: GHG emissions accelerating despite mitigation efforts; major institutional and technological change required to keep the heat down

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Decomposition of the decadal change in total global CO 2 emissions from fossil fuel combustion by four driving factors; population, income (GDP) per capita, energy intensity of GDP and carbon intensity of energy. giga tonne carbon dioxide equivalent (GtCO 2 eq) (2.2%) per year from 2000 to 2010 compared to 0.4 Click to enlarge.

Emissions 257
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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

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A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas. —Christopher Knittel.

Chicago 150