Fossil fuel

Global Fossil Fuel Divestment Movement Reaches $6.24 Trillion in Assets Under Management, 120x Increase From Four Years Ago, Report Says

Retrieved on: 
Tuesday, September 11, 2018

Fossil fuel divestment is now a mainstream financial action that is starting to have a material impact on the fossil fuel industry, as illustrated in the fourth "Global Fossil Fuel Divestment and Clean Energy Investment Movement" report by Arabella Advisors.

Key Points: 
  • Fossil fuel divestment is now a mainstream financial action that is starting to have a material impact on the fossil fuel industry, as illustrated in the fourth "Global Fossil Fuel Divestment and Clean Energy Investment Movement" report by Arabella Advisors.
  • "The leaders of the American Medical Association pledged to fossil fuel divestment for the organization's assets, but also to help guide all organizations and all health professionals' investments towards divestment.
  • Another vital new trend is amplifying divestment: Insurance companies are not only divesting their portfolios from fossil fuels, but also enacting policies to stop underwriting fossil fuel projects.
  • "Today, our movement pledges to increase divested global assets to $10 trillion by 2020.

Fossil Fuel Electric Power Generation: Global Markets to 2023

Retrieved on: 
Monday, September 3, 2018

The market for fossil fuel electric power generation is relatively fragmented but has a few large players.

Key Points: 
  • The market for fossil fuel electric power generation is relatively fragmented but has a few large players.
  • The coal segment accounted for the largest share of the fossil fuel electric power generation market in 2018 at $865.9 billion.
  • Asia-Pacific is the largest fossil fuel electric power generation market, accounting for REDACTED of the global market.It was followed by North America and Western Europe region.
  • China is the largest market in terms of value in the fossil fuel electric power generation market.

$2.4 Billion Solar Freezer Market Report: Size, Demand, Company Profiles, and Industry Trends - Global Forecast to 2023

Retrieved on: 
Wednesday, June 27, 2018

The "Global Solar Freezer Market - By Type, Component, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Solar Freezer Market - By Type, Component, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Solar Freezer Market had a value of 1.71 Billion USD in 2017 and it is estimated to grow to 2.4 Billion USD by 2023 with a CAGR of 5.81% during the forecast period.
  • The increase in the growth of Global Solar Freezer Market is due increasing awareness among people on the reduction of carbon emissions.
  • For the power generation for a conventional freezer, fossil fuels are burnt in large quantities which lead to global warming.

Survey: Natural gas market is growing. But Germans have little faith in the US as a supply partner

Retrieved on: 
Wednesday, June 27, 2018

The majority of Germans (54%) believe that natural gas is the best partner for renewables.

Key Points: 
  • The majority of Germans (54%) believe that natural gas is the best partner for renewables.
  • As the cleanest fossil fuel, natural gas therefore lies well ahead of timber (22%), oil (20%), nuclear (17%) and coal (14%).
  • The Germans' positive view on natural gas is also reflected in their assessment on the development of the natural gas market.
  • Wintershall employs about 2,000 staff worldwide from 50 nations and is now Germany's largest, internationally active crude oil and natural gas producer.

The global pressure pumping market size is expected to reach USD 75.1 billion by 2025

Retrieved on: 
Tuesday, June 12, 2018

LONDON, June 12, 2018 /PRNewswire/ -- Pressure Pumping Market Size, Share & Trends Analysis Report By Type (Hydraulic Fracturing, Cementing), By Well Type (Horizontal, Vertical, Directional), By Region, Vendor Landscape, And Segment Forecasts, 2018 - 2025

Key Points: 
  • LONDON, June 12, 2018 /PRNewswire/ -- Pressure Pumping Market Size, Share & Trends Analysis Report By Type (Hydraulic Fracturing, Cementing), By Well Type (Horizontal, Vertical, Directional), By Region, Vendor Landscape, And Segment Forecasts, 2018 - 2025
    The global pressure pumping market size is expected to reach USD 75.1 billion by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.1% during the forecast period.
  • Rising exploration & production (E&P) in unconventional oil & gas reserves including shale basins is estimated to spur the growth of the market.
  • Soaring need for fossil fuels in electricity generation and transportation, however, is expected to propel the market.
  • Further Key Findings from the Report Suggest:
    In terms of revenue, hydraulic fracturing is anticipated to reach USD 58.3 billion by 2025 at a CAGR of 4.3% from 2017 to 2025.

Natural Gas and Oil Industry actively contributes to Colorado's quality of life, education, health and economy, says new report

Retrieved on: 
Monday, June 11, 2018

"This industry takes seriously its environmental responsibility, supporting strong standards and regulations that have helped contribute to our nation's energy renaissance."

Key Points: 
  • "This industry takes seriously its environmental responsibility, supporting strong standards and regulations that have helped contribute to our nation's energy renaissance."
  • Colorado's development of natural gas and oil provides very real economic opportunity, and it is essential to creating jobs and generating much needed revenue for our government.
  • Colorado's natural gas and oil industry has seen both environmental progress and economic opportunity.
  • The Colorado Petroleum Council is a division of API, which represents all segments of America's oil and natural gas industry.

The construction equipment market is projected to grow at a CAGR of 4.52%, to reach a market size of USD 199.18 billion by 2025 from an estimated market size of USD 146.17 billion in 2018

Retrieved on: 
Wednesday, May 30, 2018

Major factors driving the growth of this market include growing population, rapid urbanization, increasing construction activities, and incorporation of new technologies in the equipment.

Key Points: 
  • Major factors driving the growth of this market include growing population, rapid urbanization, increasing construction activities, and incorporation of new technologies in the equipment.
  • Additionally, it is speculated that Japan will also follow these regulations once they are in effect.
  • With the increasing focus on reducing emission from fossil fuels, regional emission regulation will have a significant impact on the construction equipment market.
  • The Selective Catalytic Reduction (SCR) aftertreatment device segment is projected to grow at the fastest CAGR during the forecast period.

Report: Clean mobility sector pumps $18B into Michigan's economy annually

Retrieved on: 
Tuesday, May 22, 2018

LANSING, Mich., May 22, 2018 /PRNewswire/ -- The clean mobility sector contributes $18.8 billion to Michigan's economy and generates over $700 million in state and local tax revenue annually, according to a new economic analysis released today byClean Fuels Michigan.

Key Points: 
  • LANSING, Mich., May 22, 2018 /PRNewswire/ -- The clean mobility sector contributes $18.8 billion to Michigan's economy and generates over $700 million in state and local tax revenue annually, according to a new economic analysis released today byClean Fuels Michigan.
  • The study was conducted byPublic Sector Consultantsand analyzed various economic benefits that result from private sector investments in research, development and commercialization of clean mobility technologies.
  • Clean mobility includes vehicles that use less-polluting alternatives to fossil fuels, such as biofuels, propane, natural gas, hydrogen fuel cells, electrification and hybrids.
  • "As a large, privately held auto supplier, we see enormous opportunity for growth in Michigan's clean fuels sector and are excited about working to increase our presence there."