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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio. 1 Equinor. 2 Total SA.

Oil 418
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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

Green Car Congress

In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.

Gasoline 357
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Mercedes-Benz Cars plants to source electricity from German wind farms

Green Car Congress

Mercedes-Benz Cars has entered into a power purchase agreement with Statkraft, Europe’s largest producer of renewable energy, enabling Mercedes-Benz Cars to source electricity directly from wind farms in Germany, whose subsidies from the Renewable Energy Act (EEG) expire after 2020.

Wind 286
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Mercedes-Benz Cars aims to cut vehicle CO2 emissions by 50% over lifecycle by end of this decade

Green Car Congress

To achieve this goal, the key factors include: electrifying the vehicle fleet; charging with green energy; improving battery technology, an extensive use of recycled materials; and renewable energy in production. This proportion can be reduced significantly through the use of renewable energy.

Mercedes 186
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CESifo: EVs not the best option for reduction in on-road CO2 in Germany given power mix

Green Car Congress

According to a new study published by the ifo Institue Center for Economic Studies (CESifo) in Germany, EVs will barely help cut CO 2 emissions in the country over the coming years, as the introduction of electric vehicles does not necessarily lead to a reduction in CO 2 emissions from road traffic given the current power generation mix.

Germany 406
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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

Wind 93
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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

Green Car Congress

CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. Geely is committed to achieving the long-term goal of zero emissions mobility through a diverse suite of new energy solutions, including renewable methanol vehicle technology.

Renewable 150