The number that everyone in the energy market has penciled in for Iran’s output, absent voluntary restraint, is 4 million barrels a day. That number stems from both the country’s pre-sanctions peak and Iran’s stated ambition. Whether it gets there and how quickly is a matter of disagreement.
Several countries have committed to putting more electric cars on their roads in the near future as a way to reduce air pollution and combat climate change. But what if one country—and a very large one at that—decided to make every car on its roads electric inside of 15 years?
Many people think that the electric vehicle’s time has finally come, with the roughly 300,000 orders for Tesla’s Model 3. However, this sector of the blogosphere has a tendency towards uncritical thinking that deserves a lot more attention that it normally gets.
A top official with ethanol producer Poet said the company’s goal is to have its cellulosic facility in Emmetsburg at full production by the end of this year.
ExxonMobil, Royal Dutch/Shell, and three oil-industry groups together spend $115 million a year on advocacy designed to “obstruct” climate change policy, according to new estimates released by Influence Map, a British nonprofit research organization.
Inevitably, we will have another price shock – or at minimum an upside surprise. It’s unavoidable at this point.
Nearly a week after pipeline operator TransCanada shut down a section of its Keystone line over an oil leak, the company reported Thursday thousands of gallons of oil were spilled, not less than 200 as it first said.
Venezuela’s President Nicolas Maduro has decreed that all Fridays for the next two months will be holidays, in a bid to save energy in the blackout-hit OPEC country.
We thought it would be useful to explain more about how it is that Elon Musk has killed the petrol car. And for that we went back to Stanford University’s Tony Seba, the academic who predicts that fossil fuels, coal and oil in particular, will be redundant by 2030.
The equivalent of 1,500 new coal plants are in the works worldwide. That’s a staggering number. If even a fraction of these plants get built and operate for their full lifetime, we’ll likely bust through the 2°C global warming threshold that world leaders have promised to stay below.
