Ethylene is a key component of the world’s vast appetite for plastics. It’s normally made using fossils as a feedstock, and is energy-intensive to produce. The chemicals industry has long sought a way to biologically manufacture ethylene. It would be a double-win for clean energy: it would capture CO2 and displace the fossil-based feedstocks. Connor O’Neil at NREL describes new research that makes ethylene in a “one-step” process fuelled directly … [Read more...]
Where to start building Hydrogen pipelines? Near industrial hubs for steel, ammonia, and plastics
Converting gas pipelines to carry hydrogen is going to be expensive. We don’t even know how much hydrogen we’ll really need in 2050, given electrification – the cheaper and preferred option to replace fossil fuels – will always be the first option. But we do know that certain industries like steel, ammonia, and plastics will always need hydrogen as a feedstock. Writing for WEF, Kevin Tu, Matthias Deutsch and Gniewomir Flis at Agora Energiewende … [Read more...]
Oil’s decline will weaken its political influence
2020 was another bad year for the oil and gas industry. The pandemic made it worse but it was not the cause: a decline has been going on for a long time. Energy firms in the S&P 500 (overwhelmingly oil and gas) make up 2.3% of the total value, down from 16% just over a decade ago, and 30% forty years ago. Clark Williams-Derry and Tom Sanzillo at IEEFA explain why, how and what the likely consequences are for oil firms. For many years it’s … [Read more...]
Don’t wait for international agreements. Sector-wide action can accelerate the Transition
December’s COP25 in Madrid showed how difficult it is proving to get agreement between nations on how to ramp up the deep decarbonisation the world needs. David Victor at the University of California, San Diego, writing for Rocky Mountain Institute, accepts that international consensus is never going to be easy. Instead, he recommends that individual sectors take control of their destiny. His co-authored report “Accelerating The Low Carbon … [Read more...]
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