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EIA: International demand will drive US production of petroleum and other liquids through 2050

Green Car Congress

Strong continuing international demand for petroleum and other liquids will sustain US production above 2022 levels through 2050, according to most of the cases in the US Energy Information Administration’s (EIA’s) Annual Energy Outlook 2023 (AEO2023). Eventually this trend becomes unprofitable, at which point new drilling stops.

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Hyundai Motor Group’s Supernal unveils eVTOL vehicle cabin concept at 2022 Farnborough International Airshow

Green Car Congress

Supernal revealed its initial eVTOL vehicle cabin concept at Farnborough International Airshow, providing the first look at how Hyundai Motor Group is integrating automotive capabilities to develop the Advanced Air Mobility (AAM) market. —Jaiwon Shin, President of Hyundai Motor Group and CEO of Supernal.

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International Battery Metals (IBAT) commences operations at first lithium extraction plant in US

Baua Electric

Advanced material extraction technology company International Battery Metals hit a significant milestone today, beginning lithium extraction operations at a new facility in the US. International Battery Metals Inc. Source: International Battery Metal Inc. This kicks off a U.S. FTC: We use income earning auto affiliate links.

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Tesla signs 5-year lithium supply deal with Australia’s Liontown Resources: Report

Teslarati

Tesla signed a 5-year lithium supply deal with Liontown Resources, which is expected to commence in 2024. A formula based on market prices for Lithium Hydroxide Monohydrate will decide the purchase price of the lithium supply. Tesla lithium supply deal with Liontown Resources by Maria Merano on Scribd.

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Study finds limited evidence that carbon tax rebates have increased public support for carbon pricing

Green Car Congress

In a study published in Nature Climate Change , an international research team reports finding limited evidence that individual or household rebates have increased public support for carbon taxes in Canada and Switzerland. 2022) “Limited impacts of carbon tax rebate programmes on public support for carbon pricing.” Mildenberger, M.,

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California Air Resources Board signs MOU with Australian climate agency

Green Car Congress

California Air Resources Board Chairman Mary D. Under the agreement, the Clean Energy Regulator and the Air Resources Board will share information to develop complementary and effective market-based programs to reduce greenhouse gas emissions, and support and build on the capacity of the international carbon market.

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IIASA-led study proposes Underground Gravity Energy Storage as long-term energy storage solution for renewables

Green Car Congress

In a new study led by the International Institute for Applied Systems Analysis (IIASA), an international team of researchers developed a novel way to store energy by transporting sand into abandoned underground mines. An open-access paper on the work is published in the journal Energies. Dabek, P.B., Brandão, R., Patro, E.R.,