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

Green Car Congress

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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Converting Oil Shale to Gasoline via Alberta Taciuk Processor Results in Full Fuel Cycle GHG Emissions 1.5-1.75 Larger Than From Conventionally Produced Gasoline

Green Car Congress

Oil shale is a fine-grained sedimentary rock containing kerogen—a solid organic precursor to oil and gas—from which hydrocarbon gases and liquids (HCs) can be obtained through the application of heat. Mbbl of shale oil from 2.7 More recently, OSEC has proposed using the Petrosix process, another oil shale retorting technology.

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USDA awards nearly $10M for research on using beetle-killed trees as feedstock for on-site thermochemical conversion technologies

Green Car Congress

The wood is typically located far from urban industrial centers, often in relatively inaccessible areas with challenging topography, which increases harvest and transportation costs. Partners include: University of Idaho, University of Montana, Montana State University and the University of Wyoming, U.S.

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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

Green Car Congress

Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. The plant will operate under realistic conditions at a California oil field for at least two months of continuous steady-state testing. ION Clean Energy Inc.

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DOE awards $34M to 19 projects to advance clean hydrogen

Green Car Congress

plans to develop a novel membrane system from Osmoses’ proprietary polymer composition that can produce enriched oxygen from air for integration into modular gasification systems for low-cost hydrogen production.

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Republicans introduce bill that would hand US EV lead to China

Baua Electric

How the Inflation Reduction Act helps American health, economy & manufacturing The Inflation Reduction Act included hundreds of billions of dollars of climate spending, much of which was allocated to EV tax credits, both for personal and commercial vehicles. FTC: We use income earning auto affiliate links.

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