Oil consumption is unlikely to return to its 2019 peak if emissions are to hit net-zero by 2050, despite a scale-up of carbon capture and storage technologies, according to BloombergNEF’s New Energy Outlook 2021 (NEO).
As climate change increasingly impacts the planet, there are some important and urgent challenges to better understand how the world is reacts to rising greenhouse gas levels, to monitor any changes, and to evaluate the role that natural carbon sinks can play in decarbonization.
Net-zero emissions can be reached via many pathways by mid-century, but none are easy, and none are certain.
BHP has made an all-cash offer to acquire Noront Resources for $351 million. This represents a 75% premium on an offer made in May by Wyloo, a metals company owned by Andrew Forrest.
The world's largest international oil companies, or IOCs, sold over $198 billion of assets between 2015 and 2020, over four times the amount they invested into clean energy technologies.
As demand for road fuels like gasoline and diesel recovers post-pandemic in markets such as the U.S. and Spain, long-term road fuel demand is set to drop dramatically, according to BloombergNEF.
Setting net-zero emissions targets is suddenly in vogue. Starting with the U.K. in 2019, we now estimate that around 70% of world emissions are either already covered by net-zero legislation, have net-zero emissions legislation under discussion, or occur where net-zero is the policy position of the government.
Special purpose acquisition companies, or SPACs, are still a hot ticket right now for the electric-vehicle sector.
For more high-performance electric vehicle batteries, the market needs to plan for more lithium hydroxide today.
There are many reasons to be optimistic about electric vans and trucks. Why? First, let’s look at two important characteristics of the global commercial vehicle fleet: weight class and duty cycle.
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