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Viridos executes agreement with ExxonMobil to help scale algae biofuels toward commercial levels

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At that time, ExxonMobil expected to spend more than $600 million, which includes $300 million in internal costs. In the past few years Viridos’ leadership in engineering microalgae has achieved greater than 5x bio-oil productivity increases by increasing both the oil content in the algae and the algae yield. Earlier post.).

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UK Government approves Statoil’s US$7B development of North Sea Mariner heavy oil field

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The UK government’s Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field. The average production is estimated at around 55,000 barrels of oil per day over the plateau period from 2017 to 2020. Click to enlarge.

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Study finds that worldwide SO2 emissions rose between 2000-2005 after decade of decline; China, shipping topped growth

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Global sulfur dioxide (SO 2 ) emissions peaked in the early 1970s and decreased until 2000, with an increase in recent years due to increased emissions in China, international shipping, and developing countries in general, according to a new analysis appearing in the open access journal Atmospheric Chemistry and Physics. Click to enlarge.

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Study: Kerry-Lieberman Bill Would Cut US Oil Imports By Up to 40% Below Current Levels

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A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

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Final session on international mercury convention this week expected to culminate in agreement; UNEP Global Mercury Assessment 2013 finds industrial source Hg emissions may be rising

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Comparison of Hg emissions in 2005 and 2010, by selected sector and region. The fifth and final session of negotiations on the establishment of an international mercury convention—International Negotiating Committee on Mercury (INC5)—is taking place this coming week in Geneva. Source: UNEP. Click to enlarge.

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US State Department Issues Permit for Alberta Clipper Pipeline for Oil Sands Crude Delivery to US

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The US State Department has issued a Presidential Permit to Enbridge Energy, Limited Partnership to enable construction of the Alberta Clipper pipeline for the transport of crude oil from the Canadian oil sands to US refineries. This week, the RFA happened to issue two pieces, each touching on the impact of oil sands production.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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KPMG developed 3 nexuses linked by climate change to represent the challenges of sustainable growth. In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. —“Expect the Unexpected: Building Business Value in a Changing World”.