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Will Covid-19 Permanently Shrink The Fossil Fuel Industry?

R-Squared Energy

as well as a surge of renewable capacity aided by legislation aimed at curbing carbon dioxide emissions. This slowdown had a negative impact on fossil fuel demand. Meanwhile, renewables may see a small negative impact from the pandemic in the short term – but the move toward green energy may gain momentum as the COVID-19 threat fades.

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Negative emissions under a net zero target: the controversies and pitfalls

Business Green

Josh Burke at LSE's Grantham Research Institute navigates the costs, opportunities, advantages and disadvantages of different carbon capture and negative emissions technologies. As the new 2050 target, now enshrined in law, is to reduce emissions to net zero, it is important to distinguish between gross zero and net zero.

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? Charting a course to curb maritime emissions

Climate Tech VC

Energy Efficiency Existing Ship Index (EEXI) and Carbon Intensity Indicator (CII): Adopted in 2021 through the IMO , these measurements build on prior standards and became mandatory beginning Jan 1, 2023. IMO will assign a CII rating, with A being the best, least carbon-intensive and E being the worst, most carbon-intensive.

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Hydrogen Production With A Low Carbon Footprint

R-Squared Energy

In a previous article , I analyzed the carbon footprint of producing hydrogen from fossil fuels. To recap, the carbon footprint of hydrogen production from natural gas in a steam methane reformer (SMR) is higher than from directly burning the natural gas. kilograms of carbon dioxide emitted per kilogram of hydrogen produced.

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Lost Decade: How Shell Downplayed Early Warnings Over Climate Change

DeSmogBlog

Harmful Wastes” Shell’s knowledge of the risks posed by the build-up of atmospheric carbon dioxide (CO2) from burning fossil fuels can be traced to at least the early 1960s. based Center for International Environmental Law has reported. Both should be evaluated by the same yardstick,” the report found. Shell had other plans.

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Illinois’ Path to 100% Clean Energy May Mean Escaping From PJM’s Capacity Market

GreenTechMedia

While the details are complex and still in development, their result would be to force administratively set minimum prices on future wind and solar resources, energy efficiency, demand response, and nuclear power plants in PJM's capacity market.

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Inflation Reduction Act: 10 ways it will turbocharge US climate action (and one way it won't)

Business Green

The landmark legislation's climate provisions could unlock billions of dollars of low carbon investment and millions of green jobs - but it also paves the way for new fossil fuel infrastructure. Clean power producers would be eligible to receive 1.5 The US is set to get its first ever carbon equivalent tax - on methane.