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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. While diesel and oil-based power is still uneconomic at $60/barrel, the pressure to switch is reduced.

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DOE and Air Force issue RFI on Mil-Spec jet fuel production using coal-to-liquid technologies

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The US Department of Energy (DOE) in partnership with the US Air Force has issued a request for information (RFI)— DE-FOA-0000981 —on research & development aimed at greenhouse gas emissions reductions and cost competitiveness of Mil-Spec jet fuel production using coal-to-liquid (CTL) fuel technologies. Information Request.

Coal 207
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Alaska Native Corporation Proposes Underground Coal Gasification Project with Carbon Capture for Power Generation

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Underground coal gasification uses paired wells in a coal seam: one an oxidant injection well, the other the syngas producer well. CIRI), an Alaska Native corporation, is proposing an underground coal gasification (UCG) project that would use the resulting syngas to fuel a new 100 MW combined cycle power plant. Source: CIRI.

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EIA 2035 reference case projects drop in US imports of petroleum due to modest economic growth, increased efficiency, growing domestic oil production, and biofuels

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Under the Reference case, domestic crude oil production is expected to grow by more than 20% over the coming decade; already, domestic crude oil production increased from 5.1 million barrels per day in 2007 to 5.5 Over the next 10 years, continued development of tight oil (e.g., quadrillion Btu in 2007, grows from 98.2

Oil 210
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Worldwatch: Fossil fuel subsidies continue to outweigh those for renewable energy; international pledges on reform unfulfilled

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In 2010, developing countries spent roughly $193 billion, or 47% of all fossil fuel consumption subsidies, on oil while industrial countries spent roughly $28 billion. Since 2007, roughly 80% of spending on consumption subsidies occurred in countries that are net exporters of fossil fuels. Oil demand would be reduced by 3.7

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Headwaters Inc and Axens Form Direct Coal Liquefaction Alliance

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Headwaters direct coal liquefaction process. Headwaters Inc and Axens are forming a strategic alliance to provide a single-source solution for producing synthetic fuels by direct coal liquefaction (DCL) alone or in combination with refinery residues or biomass. Up to 50% more liquid product per ton of coal. Source: Headwaters.

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