Russia normally exports 5m barrels of oil a day. Sanctions may now see Ukraine-supporting nations refuse to buy 3m of them. Can those nations cut their consumption by the same amount, immediately, and stop shortages and further price rises? Yes, says Lucas Davis at the Haas School of Business. Following the Russia-Ukraine crisis, the IEA has released a report “A 10-Point Plan to Cut Oil Use”, with ten ideas for immediate actions in advanced … [Read more...]
Clean Trucks are coming: a review of battery, hydrogen, synthetic fuels and more
New EU fuel efficiency rules are forcing truck makers into a race to get their low emission vehicles onto the roads. From 2025, newly registered trucks must have 15% lower emissions, and from 2030 it’s 30%. Battery-electric drivetrains are most likely to dominate, assisted in their evolution by the assured progress and charging infrastructure of EVs. Hydrogen fuel cells and synthetic fuels are also in the game, though hindered by the inevitable … [Read more...]
Accelerating electromobility in east Europe (part 2): buses
Sarah Keay-Bright plots an affordable pathway for low income nations to reduce the cost of bus electrification and scale up private investment. The first step is to put a true figure on the total cost of ownership (TCO) for electric buses versus existing conventional fossil fuel ones. Externalities such as air pollution are often left out. Subsidies, fuel and vehicle taxes also play a role. Every country is different, because of matters that … [Read more...]
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