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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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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.

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EPA: US GHG emissions up 6% in 2021 from 2020

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The US Environmental Protection Agency (EPA) released its 30 th annual Inventory of US Greenhouse Gas Emissions and Sinks (GHG Inventory), which presents a national-level overview of annual greenhouse gas emissions from 1990 to 2021. In 2021, US greenhouse gas emissions totaled 6,340.2 GHG emissions by economic sector.

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3 Oil Majors That Bet Big On Renewables

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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

Oil 418
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ARPA-E selects SwRI to create more effective burner to reduce methane emissions

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of the methane encountered during oil production. of the methane in gas flares used by the oil and gas industry. million project is funded by the US Department of Energy’s Advanced Research Projects Agency–Energy (ARPA-E) Reducing Emissions of Methane Every Day of the Year (REMEDY) program. The three-year, $2.9-million

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DOE to award up to $32M to reduce methane emissions from oil and gas sector

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The US Department of Energy (DOE) announced up to $32 million in funding ( DE-FOA-0002616 ) toward the research and development of new monitoring, measurement, and mitigation technologies to help detect, quantify, and reduce methane emissions across oil and natural gas producing regions of the United States.

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Why EVs Aren't a Climate Change Panacea

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must have 90 percent of its vehicles, or some 350 million EVs, on the road by 2050 in order to hit its emission targets. and elsewhere, it still will not be sufficient to meet net zero 2050 emission targets. Transportation accounts for only 27 percent of greenhouse gas emissions (GHG) in the U.S.;

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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

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This year’s edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon emissions. The longer carbon emissions continue to rise, the harder and more costly will be the necessary eventual adjustment to net-zero carbon emissions.