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...Other Republican lawmakers have said the LNG pause must be scrapped before they agree to release federal funds to rebuild a bridge that collapsed in Baltimore last week....
...We can see the same now in electric vehicles. Their cost is one-third to one-half the cost of other electric vehicles....
...Wood Mackenzie added that many companies in the oil and gas industry had low levels of borrowing and would be relatively unaffected by higher rates....
...Anja-Isabel Dotzenrath, head of gas and low-carbon, is also retiring and will be succeeded by William Lin....
...America even has limits on transporting its own liquefied natural gas between domestic ports, because of the lack of domestically made tankers....
...But Equinor is still first and foremost an oil and gas company....
...Solid-state battery technology for electric cars is still years away from commercialisation with “a lot of showstoppers” blocking its development, said the head of the Chinese company that dominates the...
...New gas plants will face these rules starting 2032. The EPA also lowered the capacity threshold for new gas plants to be subject to emissions standards....
...Peter Herweck, head of energy management group Schneider Electric, also doubted that gas would benefit as much as people selling the fossil fuel claimed....
...The company has since resumed making new connections, but is rationing electricity to some customers because of constraints on transmission lines....
...hybrids and fully electric vehicles....
...The move to back new gas-fired generating capacity is the latest watering down of green policies by Sunak’s government....
...The FT also has a story today on whether European carmakers can rival China’s BYD, the world’s largest manufacturer of electric vehicles....
...They are still worthwhile for people in sprawling suburbs, who drive long distances every day and who will earn back the emissions and the financial outlay by never buying gas again....
...Western governments wanting to curb greenhouse gas emissions are encouraging greater use of electric vehicles to help achieve their aim....
...The Barossa Project — which counts South Korea’s SK E&S and Japan’s Tokyo Electric Power and Chubu Electric Power as sizeable investors alongside Santos — intends to pipe gas almost 300km from the Timor...
...However, the ESO frequently ends up buying electricity from other sources, such as gas-fired power plants, even when batteries are available....
...Potential solutions, such as burning hydrogen or capturing carbon, are almost by definition more expensive than existing gas-fired boilers....
...If governments can accelerate the adoption of electric vehicles and shift heating from the use of natural gas to renewably-generated electricity, then demand for oil, coal and gas will inevitably fall....
...Apple has cancelled its secretive decade-long electric car project known as Project Titan to focus research funding on generative AI....
...Li Yunfei, general manager of branding and public relations at BYD, said in a recent social media post that the company was starting “a grand showdown with gas cars”....
...Fatih Birol in the report, which found less than 1 per cent of investment in clean energy came from oil and gas companies....
...South Korea’s SK E&S holds a 37.5 per cent stake in the project while Japan’s Jera — a joint venture between Japanese utilities Tokyo Electric Power and Chubu Electric Power — has a 12.5 per cent stake....
...The company pushed back its forecast for peak oil demand “by a few years to the early 2030s”, said Hardy, because of slowing adoption of electric vehicles and the expectation that demand from some emerging...
...“It’s one of the industries where we’re seeing oil and gas companies focus because they know demand for plastics is only expected to grow in the long term,” said Kirti Vasta, a research analyst at BloombergNEF...
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