The names of the laureates of the 2021 Global Energy Prize are to be announced on 6th September in the central Russian city of Kazan.
Petrostates such as Saudi Arabia and Russia could continue to have significant geopolitical influence even as the global use of fossil fuels decline, a new study exploring the adoption of hydrogen as an industrial energy source details.
Brazil is attempting to become the world’s largest producer of shelf oil and gas. The country plans to increase production of oil from offshore sites to 1.3 million barrels per day by 2025, World Oil reported, quoting figures from GlobalData.
Achieving zero emissions is impossible without reducing the carbon footprint in the consumer sector, said Rae Kwon Chung, Nobel Peace Prize laureate and the Global Energy Prize International Prize International Award Committee Chairman. He was commenting on the 6th Assessment Report of the Intergovernmental Panel on Climate Change (IPCC).
“Blue” hydrogen plays no role in achieving g a carbon-neutral future. All the more so, it has a more negative effect on the environment than using a fossil fuel -these were the observations of researchers from Cornell and Stanford Universities in the United States.