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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.
Energy demand growth moves to Asia. The newly released 2013 edition of the IEA World Energy Outlook (WEO) depicts a world in which some long-held tenets of the energy sector are being rewritten; importers are becoming exporters, while exporters are among the major sources of growing demand. Source: IEA. Click to enlarge.
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.
Sapphire Energy and its partner Sinopec were selected as one of six new US-China partners into the flagship EcoPartnerships Program. Sapphire and Sinopec have been working on an algae-derived renewable crude oil project. —Cynthia “CJ” Warner, Sapphire CEO.
BP released the 68 th annual edition of the BP Statistical Review of World Energy (BP Stats Review), a comprehensive collection and analysis of global energy data. This year’s edition highlights the growing divergence between demands for action on climatechange and the actual pace of progress on reducing carbon emissions.
And it’s true that Ted has come out against fracking and is signing on to Holly Mitchell’s strong anti-fracking bill and reportedly has called “climatechange” his number one priority. Oil Drilling in Hermosa Beach. The MB2025 plan to make Manhattan Beach a 100% renewable energy powered city by 2025.
I’m talking about the people who work for and represent E&B oil. The people whose business model is to wreck the ecology and the climate and profit from it. There are no bigger cowards then the people who work for the oil, coal and gas industries. I’m talking about heroes like climate scientist Michael E.
World energy consumption by fuel type, 2010-2040. The US Energy Information Administration’s (EIA’s) International Energy Outlook 2013 (IEO2013) projects that world energy consumption will grow by 56% between 2010 and 2040, from 524 quadrillion British thermal units (Btu) to 820 quadrillion Btu. Liquid fuels.
Efforts to shift away from fossil fuels and replace oil and coal with renewable energy sources can help reduce carbon emissions but do so at the expense of increased inequality, according to a new study by researchers at Portland State University (PSU) and Vanderbilt University. —Julius McGee.
And so it is that I resigned from my position as Director of Strategic Partnerships and Public Affairs for CBS EcoMedia effective the first of this month and I will now be devoting my full time to working on climatechange response with the South Bay 350 Climate Action Group, the South Bay Bicycle Coalition and 350.org.
Fossil fuel subsidies continue to far outweigh support for renewable energy, according to new research conducted for the Worldwatch Institute’s Vital Signs Online service. GSI, in collaboration with the National Institute for Public Finance and Policy (NIPFP) and The Energy Resource Institute. Oil demand would be reduced by 3.7
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
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.
Global oil and gas companies are increasingly facing an uphill battle as global warming policies are taking their toll. Most analysts and market watchers are focusing on peak oil demand scenarios, but the reality could be much darker. by Cyril Widdershoven for Oilprice.com.
California Governor Gavin Newsom has directed the Department of Conservation’s Geologic Energy Management (CalGEM) Division to initiate regulatory action to end the issuance of new permits for hydraulic fracturing (“fracking”) by January 2024. California’s production of oil has been steadily dropping since 1985. gCO 2 e/MJ in 2019.
an innovator in the field of enzyme-enabled carbon capture technology, announced that it has exceeded the second set of technical performance milestones for its oil sands project. CO 2 Solutions’ technology platform uses carbonic anhydrase to accelerate the capture of CO 2 with energy-efficient solvents.
The California Energy Commission approved an $8-million grant to Equilon Enterprises—a fully owned subsidiary of Shell Oil—to develop a high-capacity hydrogen fueling station to service and promote the expansion of zero-emission fuel cell electric Class 8 drayage trucks at the Port of Long Beach.
The US Department of Energy (DOE) released a new report that frames an integrated challenge and opportunity space around the water-energy nexus for DOE and its partners and lays the foundation for future efforts. Present day water and energy systems are tightly intertwined. Source: DOE. Click to enlarge.
The September 2014 Monthly Energy Review (MER) published on Friday by the US Energy Information Administration (EIA) has provided more data to support a trend in rising CO 2 in the US that began in 2013. However, in 2013, CO 2 emissions from energy consumption climbed to 5,396 MMT. Top: US Energy Flow, 2013 (quadrillion Btu).
The ability to produce aviation-grade fuel from oil derived from wood waste—which up until now has been difficult due to the high viscosity of the oil—could help international aviation companies comply with new emissions regulations scheduled to go into effect in 2027. Lignin constitutes 20 to 40 percent of lignocellulose.
A team at the University of Calgary (Canada) has compared the energy intensities and lifecycle GHG emissions of unconventional oils (oil sands and oil shale) alongside shale gas, coal, lignite, wood and conventional oil and gas. This is not the same as crude oil occurring naturally in shales, as in the Bakken.
The system will graph lifecycle impact for a range of specified powertrains, for a large number of impact categories: Climatechange [kg CO 2 -eq.]. Depletion of fossil energy resources [kg oil-eq.]. Primary energy, non-renewable [Megajoule]. Primary energy, renewable [Megajoule]. —Romain Sacchi.
Organizers wanted to showcase how their small nation of nearly 11 million, on the western shore of the Caspian Sea , had evolved over its three decades of independence and was ready to play a role in the world s energy transition. But if they succeed, it will mark a bold feat of engineering to boost clean energy and fight climate.
trillion in 2010) would be required to overcome poverty; increase food production to eradicate hunger without degrading land and water resources; and avert the climatechange catastrophe. A comprehensive global energy transition is urgently needed in order to avert a major planetary catastrophe.
“Electric cars will not save the climate. It is completely wrong,” Fatih Birol , Executive Director of the International Energy Agency (IEA), has stated. A high priority, says IEA’s Birol, is investment in across-the-board energy-related technology research and development and their placement into practice.
Our work with Synthetic Genomics on algae biofuels continues to be an important part of our broader research into lower-emission technologies to help reduce the risk of climatechange. This outdoor research follows the companies’ years of fundamental biological research into understanding and improving algae oil production.
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.
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.
ExxonMobil and FuelCell Energy, Inc. ExxonMobil and FuelCell Energy began working together in 2016 with a focus on better understanding the fundamental science behind carbonate fuel cells and how to increase efficiency in separating and concentrating carbon dioxide from the exhaust of natural gas-fueled power generation.
With this cooperation, we aim to strengthen our commitment and partnership network in the field of new energy transition technologies, especially green hydrogen and its use in existing infrastructure. To date, 70% of our order book in the engineering and construction (E&C) sector is not related to oil.
Pratt & Whitney was selected by the US Department of Energy (DoE) to develop novel, high-efficiency hydrogen-fueled propulsion technology for commercial aviation, as part of DoE’s Advanced Research Projects Agency-Energy (ARPA-E) OPEN 2021 program ( earlier post ). Now the concern is greenhouse gases and climatechange.
And the people who are MY heroes and the ones I consider our greatest patriots today are on the front lines fighting climatechange. . October 24, 2009 South Bay Los Angeles Climate Action, Manhattan Beach. That’s not the way I roll. .”
New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.
Crude palm oil is one of the more than ten renewable raw materials that Neste uses to produce a range of renewable products, including renewable diesel. Palm oil represents approximately 20% of Neste’s renewable raw material usage annually. Increased pressure is created as the belt passes over rollers which decrease in diameter.
Indian Oil Corporation, India’s leading energy major, has entered into a memorandum of understanding (MOU) with LanzaJet to explore the development of sustainable aviation fuel (SAF) production in India. As a rapidly developing country, India’s energy transition will play a pivotal role in global energy markets.
kWh—approximately 2–4 times current retail costs—for emission-free alternatives to fossil fuel electricity due to the cost of health impacts from fossil fuel electricity, according to a new analysis by a pair of researchers at the US Environmental Protection Agency (EPA) Clean Energy and ClimateChange Office, Region 9.
Previous attempts to produce aviation fuels through the use of solar energy have mostly been performed in the laboratory. The aviation sector is responsible for about 5% of global anthropogenic emissions causing climatechange.
The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. Many economies are now seeing emissions climbing above pre-crisis levels.
And It’s Not The One Which Rewards Dirty Energy Mercenaries With New Clean Energy Jobs. Oil, gas and coal workers have all known for more than a dozen years that their work was helping to destroy people’s health and well being. Make the victims a priority for a damn change. That ain’t justice. I didn’t know” excuse.
The energy companies also agreed to encourage others across the natural gas value chain—from production to the final consumer—to do the same. Numerous studies have shown the importance of quickly reducing methane emissions if we’re to meet growing energy demand and multiple environmental goals.
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.
US energy-related CO 2 emissions declined by 2.8% in 2019 to 5,130 million metric tons (MMmt), according to data in the US Energy Information Administration’s (EIA) Monthly Energy Review. The changes in US energy-related CO 2 emissions in 2019 offset the increase in 2018. CO 2 emissions had increased by 2.9%
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.
A new study finds that as some of the world’s largest oilfields age, the energy required to keep them operating can rise dramatically even as the amount of petroleum they produce drops. The new findings, published in the journal Nature ClimateChange , have implications for long-term emissions and climate modeling, as well as climate policy.
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