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Could trash-to-energy technology feed hydrogen demand? The annual demand could reach 19,120,458,891 tons by then, representing a tenfold increase from 2015 to 2050. . Combined with a push for decarbonization, these economics could drive demand, project energy experts. . locations in 2021. Arlene Karidis.
In the evolving global energy economy, methane emissions have become a critical variable in the oil and gas industrys long-term performance. Yet despite this momentum, oil and gas methane emissions remain unacceptably high. Its so powerful that we will not hit global climate goals without tackling methane.
Meeting AIs Energy Demands with Innovative Solutions Artificial intelligence has seen explosive growth over the past few years, with generative AI tools like ChatGPT igniting the demand for powerful computing infrastructure. More than just meeting demand, however, is the need to address the environmental impact of AIs growth.
However, industry has yet to provide the kind of comprehensive data needed to estimate how far any possible climate benefits from switching to blue hydrogen produced by the planned projects may offset the residual CO2 emissions and methane leaks associated with making it. Credit: Sabrina Bedford.
Even if they perform as hoped, the power plants would likely burn imported liquified natural gas (LNG) from the United States, Qatar, and other suppliers — a fuel source that emits high levels of climate-heating methane when it’s being extracted, transported and stored. “Nobody has run a dispatchable power plant with CCS before.
The IEA has released its World Energy Outlook 2021 which details a global rebound in coal and oil use in 2021, as well as the second-largest annual increase in CO2 emissions in history. The IEA directed government leaders to use the World Energy Outlook 2021 as a guide at COP26, which takes place from Oct.
But discussions of natural gas’ negative aspects — namely excessive, typically underreported methane emissions that are considerably worse for the climate than carbon emissions — did not take place. In Canada, methane leaks are underreported and generally unacknowledged. BC has had “historic” wildfire seasons in 2021, 2022, and 2023.
New IEA analysis reveals methane emissions from the energy sector are 70 per cent higher than official reports, but could high gas prices finally prompt operators to tackle the problem. It is one of the biggest and most worrying mysteries in the field of climate science: where are all the methane emissions coming from?
A Chinese study published in December aims to quantify the role of Chemical Oxygen Demand (COD) – and its predominance as a way of measuring organic pollution – in causing unnecessary GHG emissions. COD is widely used as an indicator of organic pollution in wastewater. Measurement methods compared.
This renewable energy growth plan includes a near-term solicitation for up to 1 gigawatt of onshore wind and solar and 250 megawatts of energy storage for delivery by 2023, with final power purchase proposals due in March 2021. gigawatt offshore wind farm in 2024.
This exquisite instrument will act as the “eye” of the satellite, allowing us to detect, pinpoint, and quantify point source emissions of methane and carbon dioxide. Image Credit: NASA/JPL-Caltech Detecting methane from space An engineer prepares the imaging spectrometer instrument for testing in a thermal vacuum chamber at JPL.
Tue, 03/02/2021 - 00:05. These commitments and investments along with those of other corporations have created an important source of demand and funding for forest carbon. An inside look at pricing in the forest carbon market. Wilder Person.
F), according to the 2021 Global Electricity Review by think tank Ember. . Part of the reason behind China’s coal expansion is it’s growing demand for power. higher in the fourth quarter of 2020 than it was in late 2019, @IEA reports: [link] pic.twitter.com/l7MX4YnpSF — brad plumer (@bradplumer) March 24, 2021.
Amy Townsend-Small has been chasing methane her entire professional life. When fracking took off around 2010, Townsend-Small shifted her focus to a new and growing problem: methane leaks from oil and gas activity. Natural gas, which is primarily composed of methane, was pitched as a fuel that could transition the U.S.
The voluntary carbon offset market is rocketing, with the Ecosystem Marketplace reporting an annual market value of ~$1 billion in 2021, which was an all-time high. Since these standards were developed, the demand for carbon offsets has increased over the years. 6 best carbon offsetting programs (with carbon offset examples).
Green Hydrogen is the trendiest clean energy source around, touted for its ‘simple’ ability to turn water into a highly combustible energy source capable of replacing our demand for oil and gas. Foremost, the quantity of supply developed will be predicated on where demand may be secured. The push and pull of supply and demand.
When Pathways to Dairy Net Zero (P2DNZ) made its debut ahead of the United Nations Food Systems Summit in 2021, it looked like the kind of group that could meet an important but largely neglected area of global climate response. Livestock methane emissions are also rising in some of these countries.
Pioneering Turquoise Hydrogen Production in British Columbia FortisBC is taking meaningful steps toward a low-carbon future with its methane pyrolysis pilot project in Kitchner, B.C. Collaboration and Innovation at the Forefront The success of FortisBC’s methane pyrolysis project is built on partnerships and innovation.
The annual demand could reach 19,120,458,891 tons by then, representing a tenfold increase from 2015 to 2050. Combined with a push for decarbonization, these economics could drive demand, project energy experts. locations in 2021. And it could be cheaper than producing hydrogen from natural gas.
ExxonMobil has unveiled several short term targets to tackle its carbon intensity, methane emissions, and flaring activity in a new climate plan it claims is "projected to be consistent with the goals of the Paris Agreement", despite the oil and gas giant's continuing refusal to set a long-term net zero emissions goal.
Meat emits around a third of global emissions of methane, and action to cut this greenhouse gas has been identified by the UN and world leaders as the quickest route to slowing global heating. These include feed additives to reduce methane in cow burps and “biogas digesters” to capture and burn methane from lagoons of liquid manure.
Despite all odds, 2020 has been a milestone year for corporate climate leadership , and it has positioned the private sector to raise the bar even further in 2021 – especially when it comes to turning commitments into action and results. Here’s why. Businesses accept the reality – and the risks – of climate change.
Growing demand for natural gas will start to be curbed in the coming years, but more needs to be done to meet net zero goals, IEA report warns. Natural gas demand is expected to rise by 3.6 The annual increase in global demand for natural gas is teh expected to hit an average of 1.7
Methane, a greenhouse gas which is belched out in high volumes by cattle, has been identified by the UN and world leaders as the quickest route to cut global heating. It underplays climate impacts, stating that “research has shown that cows do not produce as much methane gas as was once believed”.
RSG is a new term used in the natural gas industry to describe voluntary reporting initiatives, centered largely around emissions of the powerful climate pollutant methane, but which may also include other criteria such as air quality, water stewardship, land impacts, and “ community interests.” What Is RSG?
Blue hydrogen is made from natural gas, which is mostly methane, using electricity generated by burning more gas, and hydrogen is considered “blue” (rather than “gray”) when its carbon emissions are sequestered. It’s fracked methane.”. What’s the pollution?’” But where does it come from? It’s dirty energy at [the] source.
The MOU also provides for collaboration to potentially reduce methane emissions upstream of Sempra Infrastructure facilities. It would use electric compression, equivalent to adding around 300 MW of demand to the Entergy Louisiana system, Sempra Infrastructure said. . Sempra Infrastructure owns a 50.2%
Green gas specialist CNG Fuels has opened two further refuelling stations for heavy goods vehicles (HGVs) in the UK this week, in anticipation of surging demand for renewable biomethane over the next year and beyond.
It expects the transactions involved to begin in the fourth quarter of 2020 and to be completed sometime in 2021, CEO Ralph Izzo said in a Friday second-quarter earnings conference call. PSEG plans to file applications this fall to seek a second round of zero-carbon subsidies and expects a decision in mid-2021. gigawatts and 2.4
IEA warns that methane emissions from the global energy sector fell only fractionally last year, despite projects to cut methane leaks providing hugely attractive returns on investment By rights methane emissions from the fossil fuel industry should be one of the easiest climate problems to fix. This is a significant problem.
Cemvita Factory applies synthetic biology to decarbonize and reduce the environmental footprint of heavy industries in three ways: capturing CO 2 or methane for use as a feedstock, reducing emissions from energy-intensive chemical reactions, and replacing processes that use harmful chemicals. The 35-person company raised its Series A in 2021.
Air Products claims the Edmonton facility will capture over 90 percent of carbon dioxide emissions because, unlike other facilities that produce hydrogen from natural gas, the Edmonton facility will use auto-thermal reforming (ATR) technology instead of steam methane reforming (SMR). That was 70 percent below 2023 levels.
per cent in the decade to 2021, with a corresponding rise in water pollution and declines in air quality caused by an increase in nitrogen fertiliser use. The IFA has worked closely with controversial California-based air quality scientist, Frank Mitloehner, to argue against the need to sharply curtail methane emissions from livestock.
The European Investment Bank (EIB) will stop backing fossil fuel energy projects in 2021, except those using carbon capture and storage (CCS) technology or offsets to cancel out their emissions. It's targeting €1 trillion of climate action and sustainability investments between 2021 and 2030.
With methane emissions driving near-term warming at an alarming rate, it is critical that oil and gas transactions incorporate ambitious standards for CO2 and methane management to ensure effective environmental stewardship in line with climate science. In Q3 of 2021 alone, US oil and gas mergers and acquisitions activity totaled $18.5
Currently, more than 99 percent of hydrogen used in the EU is “grey hydrogen” made from natural gas in a process known as “steam methane reformation” that has high carbon dioxide (CO2) emissions. million tonnes of greenhouse gases during the same period.
How Wall Street can win on climate In 2021. Mon, 01/25/2021 - 01:00. At the start of 2021, leading investors openly recognize that climate change presents a massive systemic risk and a multi-trillion-dollar opportunity. Asset owners will demand no less of asset managers. Ben Ratner. Integrate climate into core business.
I covered developments related to the rapidly expanding petrochemical and LNG export industries, like new facilities that came online this year and rely on fracking new wells to supply the growing demand for natural gas, which is mostly methane. A tornado knocked her home in Gretna, Louisiana, off its foundation.
In Italy, fossil fuel firms had over a hundred meetings with ministers and civil servants between July 2020 and June 2021, while hydrogen funding rose from an initial €1 billion to over €4 billion in different draft proposals between December 2020 and May 2021.
China tops EV market league table, as global demand continues to surge. California unveils new Methane Accountability Program. California Governor Gavin Newsom has this week unvailed wide-ranging new plans to crackdown on methane emissions in the world's fifth largest economy. The bland was broadly welcomed by green groups. "We
In early March, oil giant ExxonMobil signed up to meet the World Bank’s “zero routine flaring by 2030” goal (a plan that — when you look just a bit closer — doesn’t entirely eliminate flaring but instead reduces “absolute flaring and methane emissions” by 60 to 70 percent.). How does ExxonMobil plan to reach that goal?
According to a 2021 study by researchers from the New York University (NYU) Department of Environmental Studies, meat companies “emphasize mitigating energy use, with limited focus on emissions (e.g., methane) from animal and land management and land-use change, which make the biggest warming contributions in the agricultural sector.”.
million of the 2021/22 budget would be allocated to support low-emission international technology partnerships and initiatives. Mature Thermochemical technologies include steam methane reforming (SMR) which relies on natural gas as an input and coal gasification which relies on coal. International certification scheme for hydrogen.
Canadian pipeline company TC Energy is aiming to expand the volume of methane gas that it ships through a long distance pipeline in the Pacific Northwest, potentially locking in higher gas use despite laws in western states that chart a path away from fossil fuels in the years ahead. That could leave out a lot of climate pollution.
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