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Policies such as California's Advanced Clean Truck rule are forcing organizations in the state to phase in zero-emission trucks and phase out fossilfuel-based ones. Progressive cities, many in Europe, are building zones in downtown centers that are banning fossil-fuel vehicles and incentivizing zero-emission models.
Corporate signatories to the Climate Pledge have committed to net zero by 2040. Electrification — transforming cars, buildings, factories and other things to operate on electricity rather than, say, oil or naturalgas — is a fast-emerging field. However, Germany just committed to reaching this goal by 2045.
Fossilfuels, a vision of the future or something our children will see in history books? The energy markets, broadly taken to be fossilfuels and renewables, have seen significant changes over the past years. By 2035, oil and gas will still meet around half of global energy demand, though coal consumption flatlines.
Chicagoans could see their average annual charges spike from $1,206 today to $2,424 or more by 2040, it finds, and customers could keep paying off those upgrades until the year 2100. The usual incentives to keep costs down don’t tend to apply to naturalgas utilities.
Fossilfuel companies could face legal challenges over their misleading advertising, after a DeSmog investigation uncovered the extent of their “greenwashing” Environmental lawyers ClientEarth have put companies on notice with the publication of the Greenwashing Files. ExxonMobil – “Powering Progress”.
In addition, diesel engines burn fossilfuels releasing carbon dioxide, a greenhouse gas (GHG), as well as other pollutants, such as nitrogen oxides (NOx). Traditional ammonia is known as ‘grey’ because it uses naturalgas, but if carbon capture is used to remove carbon dioxide emissions, the ammonia is labelled ‘blue’.
Flogas Britain – a major supplier of liquefied petroleum gas (LPG) and liquefied naturalgas (LNG) – has added liquid biomethane (Bio-LNG) to its off-grid energy supply, marking what is said to be the industry’s first Bio-LNG solution for commercial and industrial operations.
and the failed Keystone XL oil sands pipeline to Texas, sees a major new growth opportunity for fossilfuels: artificial intelligence. Big Tech should be held just as responsible as the fossilfuel industry,” he told DeSmog. That $11 billion pipeline connects vast gas reserves in northeastern B.C.
To achieve the goals of the Paris Agreement, countries will likely need to set hard limits on the extraction of fossilfuels in addition to supporting the deployment of clean energy. The researchers set out to estimate how much of the world’s fossilfuel reserves must remain in the ground in order to limit global warming to 1.5
San Antonio municipal utility CPS Energy wants to replace aging fossil-fueled generation with more than a gigawatt of solar, energy storage and flexible capacity, and it’s asking for ideas on how to get there. Sommers natural-gas power plants. It’s also planning to retire the aging Braunig and O.W.
As it stands, blue and gray hydrogen derived from fossilfuels are cheaper than using renewable-energy-powered electrolyzers to produce green hydrogen from water. And Wood Mackenzie's research indicates that the cost of green hydrogen will fall by 64 percent by 2040 as the market scales up.
The study, published in the Royal Geographical Society (with the Institute of British Geographers) journal The Geographical Journal , highlights that global demand for sulphuric acid is set to rise significantly from ‘246 to 400 million tonnes’ by 2040 – a result of more intensive agriculture and the world moving away from fossilfuels.
“Flexible gas power allows you to absorb more renewables from hour to hour and day to day , and [it] allows.very rapid ramping. This enables minimization of use of fossilfuels and maximized reduction of emissions.” Power-to-gas involves using excess renewable power to manufacture carbon-neutral synthetic methane.
These new vehicles are quickly bumping up against familiar challenges of battery range, production capacity and charging, or fueling, infrastructure. First, and perhaps most crucially, it plans to price its vehicles at the same or lower prices as comparable fossil-fuel vehicles.
Population growth will plateau after 2030-2040, causing energy demand to stabilize and decline afterwards. The current overcapacity in the oil markets will ensure a lasting shift in fossil markets. causing major disruptions for the oil and gas majors. People have yet to catch up on this fact. Part I - What is up with the world?
The New York State Department of Environmental Conservation (DEC) punched a hole in the fossilfuel industry’s hydrogen hype bubble when they denied a Title V Air Permit to NRG Energy’s Astoria Gas Turbine Power Plant last Wednesday. Steel makes up more than a quarter-million miles naturalgas transmission systems in the U.S.
Now, the Dutch NGO that successfully sued Shell over its climate plans is taking those financial backers to court in a case that could help reverse the global banking sector’s support of fossilfuel firms and their activities. liquefied naturalgas (LNG). ING headquarters in Amsterdam, Netherlands.
Take the Intermountain Power Project , the coal-fired power plant in Utah converting to turbines that will use naturalgas blended with 30 percent hydrogen, a proportion that will rise to 100 percent hydrogen over the coming decades. does have a few projects taking steps toward proving out the concept. green hydrogen market landscape.
” The Green Hydrogen Catapult said it aims to align the production and use of green hydrogen with a trajectory that displaces fossilfuels at a rate consistent with achieving net-zero global emissions by 2050, and limiting global temperature increases to 1.5 “Membership will grow from both demand and supply sides.”
.” Below are some of its key findings: FOSSILFUELS. Under a net zero 2050 scenario, the report indicates the following would occur: No new oil and gas exploration and development after 2021. Fossilfuels fall from around 80% of total energy supply to around 20% by 2050. RENEWABLES AND CLEAN TECHNOLOGY.
“Across the entire production lifecycle, the biogas reduces carbon dioxide (CO2e) by over 95% and other harmful particulates and greenhouse gas emissions by up to 99% when compared to diesel and other fossilfuels.
Or will government backing for these technologies instead serve to preserve the fossilfuel business models that caused it? Given the scale of that challenge, and in line with lobbying by the fossilfuel industry, policy-makers have assumed a major role for carbon capture projects in cleaning up industry.
One major source is the fossilfuel industry. The Hydrogen Council, a lobbying group whose members include major oil companies and automakers, works to encourage investment in hydrogen and fuel cells, and produces reports forecasting a bright future for hydrogen tech. What’s behind the recent resurgence of hydrogen hype?
In June, international onshore and offshore wind energy developer Ørsted committed to achieving a carbon-neutral footprint by 2040. Coal-fired power plants fare even more poorly in comparison to wind, with estimates ranging from 675 to 1,689 grams of CO2 per kilowatt-hour, depending on the exact technology in question.
Utilities operating fossil-fueled power plants, and the low-income and disadvantaged communities that face the brunt of their pollution, may have a new model for resolving their differences. “There’s going to be a need for breakthrough technologies in a couple of areas,” he said.
New research predicts that green hydrogen — a clean fuel produced from water using renewables — will be comparable in cost and likely cheaper than blue hydrogen by 2030. He also said: “It is important that we see those costs in 2030 as still being more expensive than the low-carbon fossil options.” A FossilFuel Narrative.
And as a trove of industry documents reveals, Exxon is far from the only fossilfuel company selling carbon capture as its golden ticket to continue pumping its products, despite internal concerns about the technology’s feasibility. A naturalgas demonstration plant in Texas tests carbon capture technology.
The ongoing energy transition from fossilfuels to renewable energy requires that governments and the corporate sector collaborate in new ways. However, the challenge will be to make fast progress during the energy transition, particularly given the region’s entrenched processes and corporate cultures that relate to fossilfuels.
MANCHESTER – The Conservative chair of a parliamentary group on hydrogen has defended the body’s receipt of £70,000 in funding from fossilfuel giants including Shell and Equinor. The Hydrogen APPG received more than £70,000 in February from Connect, a PR firm that is funded by oil and gas companies to run the parliamentary group.
The analysis models out to 2040 the costs and economic and carbon impacts of creating an interstate grid operator for the states of Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina and Tennessee. But there are some fairly obvious reasons why an integrated market would yield a more efficient system, he said.
Australian court cases, fossilfuel phase out alliances, and a vote of confidence in Gold Standards all feature in this week's latest round up of global green business news. Colombia to host hybrid Biodiversity PreCOP.
Nine global corporates back new ambition statement that sees them commit to transitioning their freight vessels to zero carbon fuels by 2040. In the statement, zero carbon fuels are defined as fuels that release no or very little greenhouse gases over their lifecycle, including no emissions at production stage.
The companies claim the project, dubbed Zero Carbon Humber, could reduce the UK's annual carbon emissions by 15 per cent, while also helping to secure 55,000 jobs in the region currently attached to fossilfuel industries, in addition to creating thousands more.
Both technologies could mitigate climate change by removing emissions from existing fossilfuel generation or even pulling carbon out of the atmosphere. CCUS could go a step further by using sequestered carbon as a feedstock for industrial processes or synthetic fuels. For comparison, fossilfuels emitted 36.7
Alongside the significant expenditure over the next two and more decades, the report finds that federal and household spending on energy in both countries will experience a substantial decline as the countries move away from fossilfuels. by 2050, driven by the inherent efficiency of renewables.
Unsurprisingly, perhaps, Looney is a big believer in the future role of naturalgas. One obvious way to deliver more energy with less carbon, Looney said, is "more renewables and gas, pushing coal out of power.". In two speeches delivered last month, Looney went into more detail about how BP may do that. billion ($1.67
Almost 670 homes, a school, and a handful of small businesses in a village near Gateshead have been receiving a proportion of hydrogen as part of their gas supplies for heating and cooking over the past fortnight, as part of pioneering trial which kicked off at the beginning of the month.
The Dutch horticultural sector aims to be climate-neutral by 2040. Globally, many greenhouse operators burn naturalgas to generate CO2, but this also generates heat that may not be needed in the summer months, so the utilisation of an industrial byproduct is significantly preferable.
Late last week, Britain's biggest boiler manufacturers joined together to announce a promise to homeowners who make the switch to hydrogen-ready appliances that doing so will cost them no more than purchasing pure-fossilfuelgas equivalents.
EV adoption is accelerating and new all-electric homes are less expensive than mixed-fuel homes , but Americans won’t replace our several hundred million existing gasoline vehicles and fossil-fueled appliances for decades. Existing policies are already helping fleets convert from fossilfuels.
The online retail and tech giant said the power purchase agreement (PPA) would bring it closer towards meeting its commitment to become a net zero carbon business by 2040, putting it on track to power its operations with 100 per cent renewable energy by 2025, five years ahead of its original 2030 target.
fossilfuel companies to stop deliberately spewing the gas into the atmosphere, will have a muted impact on rapidly rising methane emissions given that 60 percent of the oil and gas industry is exempt from the penalty. 05 percent of total gas sales are subject to the fee.”
The newly approved changes will boost those targets dramatically for investor-owned utilities Arizona Public Service and Tucson Electric Power, mandating a 50 percent cut in carbon emissions from 2016 to 2018 average levels by 2032 and a 75 percent cut by 2040.
The findings raise concerns over a potential pervasive conflict of interest on the boards at a time when the international insurance sector is under pressure to halt its support for the fossilfuel industry. “When insurers underwrite fossilfuels, they actually are underwriting climate change.”
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