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Oil sands company Suncor Energy strengthens its focus on hydrogen and renewable fuels, divesting wind and solar

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Suncor Energy, a Canadian integrated energy company that is one of the top oil sands producers in the country, will strengthen its focus on hydrogen and renewable fuels to accelerate progress towards its objective to be a net-zero company by 2050. Suncor also plans to divest its wind and solar assets.

Oil-Sands 225
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ExxonMobil Outlook projects hybrids and advanced vehicles to account for nearly 50% of cars globally by 2040; fuel demand for for personal vehicles to peak and decline, while commercial transportation demand rises 70%

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While oil will remain the most widely used fuel, overall energy demand will be reshaped by a continued shift toward less-carbon-intensive energy source as well as steep improvements in energy efficiency in areas such as transportation, where the expanded use of advanced and hybrid vehicles will help push average new-car fuel economy to 48 mpg (4.9

Personal 408
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ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

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ExxonMobil projects that meeting future energy demand will be supported by more efficient energy-saving practices and technologies; increased use of less-carbon-intensive fuels such as natural gas, nuclear and renewables; as well as the continued development of technology advances to develop new energy sources. Renewable energy.

Oil-Sands 309
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BOEM releases for comment draft EIS on G&G survey activities to develop energy resources in Mid- and South Atlantic

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The PEIS describes and evaluates the potential environmental impacts of G&G survey activities in Federal waters of the Mid- and South Atlantic Outer Continental Shelf (OCS) and adjacent State waters for three program areas (oil and gas, renewable energy, and marine minerals) during the 2012-2020 time period. Savannah, Ga.;

Oil-Sands 210
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Suncor Energy doubles production capacity at St. Clair Ethanol Plant; largest in Canada

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In addition to its position in the oil sands, Suncor also has a position in renewable energy in Canada. Aside from the ethanol plant, Suncor has four operating wind power projects 147 MW) across Canada, with two additional Suncor wind power projects currently under construction and scheduled for completion in 2011.

Canada 170
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Researchers Say Mix of Policies and Current or Near-Term Technologies Could Phase Out US CO2 Emissions from Coal-Fired Power Plants by 2030

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The authors are Pushker Kharecha and James Hansen from NASA Goddard Institute for Space Studies & Columbia University Earth Institute (GISS); Charles Kutscher from the National Renewable Energy Laboratory; and Edward Mazria from 2030 Inc./ Architecture 2030.

Coal 239
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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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According to the base case forecast, diversification of energy sources increases and non-fossil fuels (nuclear, hydro and renewables) are together expected to be the biggest source of growth for the first time. OECD oil demand peaked in 2005 and in 2030 is projected to be roughly back at its level in 1990. Coal will increase by 1.2%

Energy 210