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Last year the International Energy Agency, which advocates for green technologies, noted the oil and gas industry invested around $20 billion in clean energy in 2022, some 2.5% of its total ...
Meanwhile, fossil fuel companies, which are already producing more oil and gas than ever before in the U.S. and selling a lot of it to other countries, may ignore “drill, baby, drill ...
Texas is known for fiercely promoting its oil and gas industries, but it’s also the No. 2 renewable energy producer in the country after California. In fact, more than a quarter of all the wind ...
Progress of current energy transition to renewable energy: Fossil fuels such as coal, oil, and natural gas still remain the world's primary energy sources, even as renewables are increasing in use. [1] An energy transition (or energy system transformation) is a major structural change to energy supply and consumption in an energy system.
While crude oil and natural gas are also being phased out in chemical processes (e.g. production of new building blocks for plastics) as the circular economy and biobased economy (e.g. bioplastics) are being developed [17] to reduce plastic pollution, the fossil fuel phase out specifically aims to end the burning of fossil fuels and the consequent production of greenhouse gases.
The Texas Clean Energy Project (TCEP) was a project developed by Summit Power Group, Inc intended to build of the world’s first [1] Integrated Gasification Combined Cycle (IGCC) clean-coal power plant, a type of carbon capture and storage facility, located near Odessa, Texas (coordinates 31° 44' 46" N, 102° 35' 42" W).
Is this the beginning of the end of the fossil fuel era? The world’s latest climate deal could be that milestone. But recent events show the oil and gas industry still has a very different ...
Pickens specifically wants to see energy security by increasing the use of domestic energy sources including fossil fuels while Gore wants to eliminate the burning of fossil fuels altogether to stop global warming. [40] Pickens claims to have a plan that could accomplish this with existing technology, while Gore advocates new research to reduce ...