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Will Covid-19 Permanently Shrink The Fossil Fuel Industry?

R-Squared Energy

The primary culprits behind coal’s decline are competition from cheap natural gas brought on by the shale gas boom in the U.S., But the natural gas and subsequent oil boom were victims of their own success. Global oil demand fell by as much as 30 million BPD, followed by gas and coal demand.

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EU Scientists and Politicians Clash Over Gas and Nuclear as ‘Sustainable’ Investments

DeSmogBlog

In January 2021, representatives from the clean energy sector sent a joint letter welcoming the criteria recommended by the TEG and stating that “the inclusion of power generation with a carbon intensity above this limit would not only deviate from science, but would also harm the EU’s decarbonisation trajectory and its 2050 net-zero objectives.”.

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Germany hits acceleration button on hydrogen infrastructure development

Hydrogen Fuel News

The country is working on making a “hydrogen acceleration law” a reality. In order to obtain the hydrogen fuel it needs for this plan, the country has joined a project to source the fuel from southern Europe by 2030. The law to accelerate hydrogen infrastructure development is expected to be presented this year.

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Think tank outlines possible clean energy industrial strategy for the UK

Envirotec Magazine

It also has set and met ambitious clean energy and has the potential to produce an enormous amount of clean electricity, heat, and hydrogen with offshore wind and nuclear power. This will result in the UK seeing the second largest reduction in consumer gas demand in Europe and the third largest drop in consumer oil demand.

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The Top Energy Stories Of 2021

R-Squared Energy

That’s a recipe for higher oil prices, and subsequently higher gasoline and natural gas prices. Europe’s natural gas crisis. If you live in Europe, this was probably your top energy story of the year. Europe suffered from a natural gas shortage this year. The 2021 Infrastructure Bill.

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Pipeline Politics Hits Multipolar Realities: Nord Stream 2 and the Ukraine Crisis

DeSmogBlog

Since the 1960s when Europe first began importing Russian gas, Washington perceived Russian energy as a threat to U.S. leadership and Europe’s energy security. More recently, with fracking, the United States has become the world’s largest gas producer and a major exporter of liquefied natural gas (LNG).

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Big Oil’s Been Secretly Validating Critics’ Concerns about Carbon Capture

DeSmogBlog

A natural gas demonstration plant in Texas tests carbon capture technology. Credit: NET Power , CC BY-SA 4.0 But this gas-as-a-guiding-star underpinning doesn’t appear in the framework itself, a point not lost on Democratic lawmakers. There is mounting evidence, however, that CCS is ineffective.

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