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Industry, government and organizational leaders last week in Washington, DC launched a national initiative aimed at increasing the supply of domestic oil produced through enhanced oil recovery using carbon dioxide (CO 2 -EOR). —Eileen Claussen, President of the Pew Center on Global ClimateChange.
The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climatechange. —PCAST letter to the President. The six key components are: 1.
New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.
From Today’s, December 9, New York Times: Thomas Friedman, “If we prepare for climatechange by building a clean-power economy, but climatechange turns out to be a hoax, what would be the result? Well, during a transition period, we would have higher energy prices.
The Premier of Québec François Legault, and the Minister of the Environment and the Fight against ClimateChange and Minister responsible for the Laval region, Benoit Charette, unveiled the 2030 Green Economy Plan (PEV 2030) and its first 2021-2026 implementation plan, with an envelope of $6.7 billion over five years.
Biorefineries may have a major role to play in mitigating the threat of climatechange; meeting the “ seemingly boundless demand ” for energy, fuels, chemicals and materials; and creating economic growth, according to a new report released by the World Economic Forum: The Future of Industrial Biorefineries.
Recent reports in the scientific literature and popular press have produced confusion about the climate implications of natural gas. On the one hand, a shift to natural gas is promoted as climate mitigation because it has lower carbon per unit energy than coal or oil. This would eventually be offset by a modest benefit.
The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.
These figures raise the pressing question of whether scarce government funds might be better allocated to move the United States towards a low-carbon economy. billion—are attributable to corn-based ethanol, the climate effects of which are disputed. billion went to traditional sources—such as coal and oil—and $2.3 Adeyeye et al.
China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. The Middle East becomes the world’s second-largest gas consumer by 2020 and third-largest oil consumer by 2030, redefining its role in global energy markets. Oil use grows, but in a narrowing set of markets.
Additionally, Governor Newsom requested that the California Air Resources Board (CARB) analyze pathways to phase out oil extraction across the state by no later than 2045. California’s production of oil has been steadily dropping since 1985. According to the California Energy Commission, California oil represented 34.9%
Meeting either target requires governments to put a significant price on global warming emissions broadly across the economy, and to back this up with strong complementary regulations and public investments. The study indicates that Canada can implement much stronger climate policies than the US and still prosper economically.
Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge.
Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climatechange. Earlier post.).
A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climatechange 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.
The Global Fuel Economy Initiative ( GFEI ) ( earlier post ) launched its second three-year effort to improve vehicle fuel economy around the world at the International Transport Forum in Leipzig. Indeed whilst there has been tremendous policy progress in several major markets, in some places fuel economy is actually getting worse.
Hyundai Motor Group will collaborate with the Saudi Arabian Oil Company (Aramco) and King Abdullah University of Science and Technology (KAUST) jointly to research and develop an advanced fuel for an ultra lean-burn, spark-ignition engine that aims to lower the overall carbon dioxide emissions of a vehicle.
liter ESTEC (Economy with Superior Thermal Efficient Combustion) in-line 4-cylinder Gasoline Engine (1NR-FKE). Improving the vehicle fuel economy is a must due to the climatechange and energy issues. Economy with Superior Thermal Efficient Combustion (ESTEC),” SAE Technical Paper 2014-01-1192 doi: 10.4271/2014-01-1192.
The many new and expanded strong policy initiatives and green targets in China’s 12 th Five year Plan, released on 5 March 2011, provide “ clear evidence ” that China’s low-carbon policies remain global best-in-class, according to a new report from DB ClimateChange Advisors (DBCCA). Source: DBCCA. —DBCCA.
World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. Click to enlarge. Coal will increase by 1.2%
Examples of emerging oil sands related technologies and trade-offs. The paper is an examination of how various choices about the scale of the life cycle analysis applied to oil sands (i.e., The source material is neither oil nor tar but bitumen, but is most generally described as an example of ultraheavy oil.”.
Greenhouse gas and fuel economy levels under the EPA NHTSA joint proposed rulemaking. These standards would require them to meet an estimated combined average fuel economy level of 34.1 mpg if the automotive industry were to meet this CO 2 level all through fuel economy improvements. Click to enlarge. mpg in model year 2016.
Canada’s First Ministers (The Prime Minister of Canada and the provincial and territorial premiers) issued a joint communiqué and released the Pan-Canadian Framework on Clean Growth and ClimateChange following the First Ministers’ Meeting. The Framework outlines actions that will grow the economy while reducing GHG emissions.
In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. —Brandt et al.
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.
Major economies led the resurgence as a pick-up in economic activity pushed energy demand higher and significant policies measures to boost clean energy were lacking. Many economies are now seeing emissions climbing above pre-crisis levels. China was the only major economy that grew in 2020.
Environmental groups foresee the public needing to use electrified mass transit , reduce long-haul flights for business as well as pleasure), increase telework, walk and cycle to work or stores, change their diet to eat more vegetables, or if absolutely needed, drive only small EVs. The answer is perhaps some, but maybe not too much.
Marcel Coutu, chief executive officer of Canadian Oil Sands Trust and Chairman of the Board of Syncrude Canada, is calling for allowing Alberta’s oil sands producers to significantly increase their greenhouse gas emissions, even if that means forcing other sectors to take on additional expensive obligations to meet Canada’s climatechange targets.
The low annual rate of global reduction of carbon emissions per unit of GDP needed to limit global warming to 2 °C—based on the probability assessments of the UN IPCC—is insufficient to achieve that goal, according to the latest Low Carbon Economy Index published by business consultancy PwC. —PwC.
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. The results from outdoor deployment of Viridos’ bio-engineered strains in 2020 and 2021 mark the inflection point toward deployment.
For this latest release, EPA has made several improvements, including updates to estimates for oil and gas and for flooded lands such as hydroelectric and agricultural reservoirs. Fuel economy of light-duty vehicles is another important factor. Emissions from petroleum consumption for transportation decreased by 4.0%
“Pack Up Your Toxic, Fossil Fuel Factory With Its Climate-Changing Products & Get Out of Town By 2020!&# Consider this fair and legal warning, world’s largest and most polluting oil company - I’m giving you 10 years to pack up and hit the road. Greenius Rules. Uncertainty. So that refinery much go.
KPMG developed 3 nexuses linked by climatechange to represent the challenges of sustainable growth. The 10 global sustainability megaforces that may impact business over the next two decades are: ClimateChange: This may be the one global megaforce that directly impacts all others. Source: KPMG. Click to enlarge.
Over 20 years ago, Neste developed the technology to produce renewable diesel; now, Neste’s renewable diesel is made from sustainably sourced renewable raw materials such as used cooking oil and animal fat from food industry waste. Driving towards a circular economy. Calculation method complies with the LCFS CA-GREET 3.0.
Meanwhile, significant gains in vehicle fuel economy over the coming decades are possible and very much needed globally in order to address pressing issues of climatechange, energy security and sustainable mobility. carbon fuel vehicles will be needed to continue to decarbonize LDVs and reduce oil use out to 2050 and beyond.
Final MY 2011 and MY 2012-2016 passenger car fuel economy targets, based on vehicle footprint. Each light vehicle model produced for sale in the United States will have a fuel economy target. miles per gallon if all reductions came from fuel economy improvements. Source: NHTSA. Click to enlarge. Earlier post.). Earlier post.).
However, reform has been hampered by concerns over how higher fuel prices will affect the broader economy—potentially disrupting key sectors like transport, industry and agriculture—and the ability of poor citizens to cope with higher prices. Oil demand would be reduced by 3.7
As a result, the Prime Minister said, the Indian government is encouraging national oil companies to pursue equity oil and gas opportunities overseas. Oil and gas today are not seen merely as commodities to be traded freely. More importantly, we have to take into account the changing pattern of growth in the demand for oil.
Canada formally submitted its target, referred to as an Intended Nationally Determined Contribution (INDC), to the United Nations Framework Convention on ClimateChange. The new regulations include: Regulations aligned with recently proposed actions in the United States to reduce GHG methane from the oil-and-gas sector.
The use of coal as a fuel has now surpassed oil and developing countries now emit more greenhouse gases than developed countries, with a quarter of their growth in emissions accounted for by increased trade with the West. Emissions from coal are now the dominant fossil fuel emission source, surpassing 40 years of oil emission prevalence.
The full AEO2010 report, including projections with differing assumptions on the price of oil, the rate of economic growth, and the characteristics of new technologies, will be released in early 2010, along with regional projections. As a result, reliance on imported oil declines significantly over the next 25 years. Source: EIA.
The high-level performance goals of the Partnership are a 25-40% improvement in fuel economy in a light-duty vehicle (LDV) and achieving 55% brake thermal efficiency (BTE) in heavy-duty engine systems. Advanced combustion regimes for the ICE have the potential to make a near-term impact on oil consumption. The potential is significant.
As a result, the sector could have a major long-term impact on climatechange and world energy usage, if strategic investments are not made, according to the research. The transportation sector is set to experience significant growth, increased dependence on oil and risk of an escalation in greenhouse gasses.
Brazil’s Minister of Environment Izabella Teixeira and Brazilian National Development Bank (BNDES) President Luciano Coutinho announced the launch of a new credit line to support projects focused on greenhouse gas reduction and climatechange solutions.
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