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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

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This is equivalent to gas priced at $6-12/MMBtu, making it competitive with current natural gas prices in Brazil, China, India, Germany and Scandinavia on an energy-equivalent basis. Heavy trucks could also be cheaper to run on hydrogen than diesel by 2031, although batteries remain a cheaper solution for cars, buses and light trucks.

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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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For example, if lower oil prices last, they are likely to slow the growth of the electric vehicle market, to some extent. per gallon, EV penetration in the US could reach 6% of the light-duty vehicle fleet by 2020, whereas with gasoline at $3.34, the EV share could be 9%. The share is less than 1% now.

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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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Producers of so-called blue, gray and brown hydrogen use either fossil fuels (natural gas or coal) or low-temperature gasification (. The market for all recyclables, from mixed plastics to cardboard and paper, collapsed in 2018, when China banned the import of recycled waste materials.

Waste 448
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What is Electrification of Transportation?

Driivz

For the transportation sector, electrification means replacing fossil fuels with electricity as the means of powering light-duty vehicles, medium- and heavy-duty trucks, and buses. So, road vehicles, in particular light-duty vehicles, are where the most opportunity lies for GHG reduction in the sector. But again, location matters.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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A group of 10 Key Growth countries is expected to represent an increasingly significant share of the global energy market due to their rising populations and living standards. By 2040, natural gas is expected to account for more than a quarter of global energy use, surpassing coal in the overall mix. billion in 2040. Click to enlarge.

Energy 252
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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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Further, the fossil fuel share of primary energy consumption falls from 82% in 2011 to 78% in 2040 as consumption of petroleum-based liquid fuels falls, largely because of the incorporation of new fuel efficiency standards for light-duty vehicles. quadrillion Btu in 2011 to 14.0

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Obama sets goal of reducing US oil imports by 1/3 by 2025; domestic and Western Hemisphere production, natural gas, biofuels, electric vehicles, fleet purchases

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If anyone doubts the potential of these fuels, consider Brazil. Already, more than half—half—of Brazil’s vehicles can run on biofuels. Now, in light of ongoing events in Japan, I want to say another word about nuclear power. To achieve our oil goal, the federal government will lead by example.

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