Bullet Train Thinking: How Japan Hopes to Lead a Global Hydrogen Revolution – Renewable Energy World

“Japan will present hydrogen to the rest of the world as a new energy choice and will lead global efforts for establishing a carbon-free society taking advantage of Japan’s strong points,” read a statement from Japanese Ministry of Economy, Trade and Industry as it unveiled the country’s ground-breaking Basic Hydrogen Strategy last December.Two months later, … Continue reading Bullet Train Thinking: How Japan Hopes to Lead a Global Hydrogen Revolution – Renewable Energy World

Permian To Be Only Shale Play That Sees Output Increase This Year

The Permian shale formation has been drawing a lot of attention recently, and it’s more likely than not to continue drawing even more in the immediate future, now that it has essentially become the new center of the shale revolution.According to a recent report from commodity analysts with Barclays, the Permian will be the only … Continue reading Permian To Be Only Shale Play That Sees Output Increase This Year

How Am I Supposed to Live Without You? – A Major Shift in Marine Fuel Rules

Shipping companies now know that within three years all vessels involved in international trade will be required to use fuel with a sulfur content of 0.5% or less—an aggressive standard, considering that in most of the world today, ships are currently allowed to use heavy fuel oil (HFO) bunker fuel with up to 3.5% sulfur. … Continue reading How Am I Supposed to Live Without You? – A Major Shift in Marine Fuel Rules

How Fast Could the Market for Electric Vehicles Grow?

Various policy driven scenarios show electric vehicles gaining market share over the next few decades but with the turnover of the vehicle stock taking longer. I recently argued that BP’s projections showing almost no take-up of plug-in vehicles[1] by 2035 was unrealistic in view of several convergent trends. There is increasing pressure to reduce CO2 … Continue reading How Fast Could the Market for Electric Vehicles Grow?

EPA raises ethanol, biofuels mandates again

(Scott Olson/Getty Images)The Environmental Protection Agency wants refineries to put more ethanol and other biofuels into the gasoline supply next year . The annual announcement on next year’s standard again drew protest from some biofuels producers, who say EPA is not keeping up with the renewable fuels mandate set by Congress in 2007. Under the proposed … Continue reading EPA raises ethanol, biofuels mandates again

50% Of Proved Oil Reserves May Have Just Vanished

An extensive new scientific analysis published in Wiley Interdisciplinary Reviews: Energy & Environment says that proved conventional oil reserves as detailed in industry sources are likely “overstated” by half.According to standard sources like the Oil & Gas Journal, BP’s Annual Statistical Review of World Energy, and the US Energy Information Administration, the world contains 1.7 … Continue reading 50% Of Proved Oil Reserves May Have Just Vanished