Transforming Renewable Energy into Hydrocarbons
PARTS PER MILLION
MEGA-TREND: GROWING GHG'S DRIVES GROWING CONCERN THAT "SOMETHING" MUST BE DONE
LEADS TO FOSSIL CARBON REDUCTIONS BEING VALUABLE, CREATES MARKETPLACE FOR LOW FOSSIL FOOTPRINT FUEL PRODUCTS
Record Levels of CO2 in the Atmosphere are
Driving Concern...
Continued Consumption of Fuels(1)
Means Even More CO2...
(quad BTU)
Atmospheric CO2 at Mauna Loa Observatory
30
history projections
420
Scripps Institution of Oceanography
NOAA Global Monitoring Laboratory
400
380
360
340
320
NOAA
1960
1970 1980
1990 2000
2010
2020
May 2020: 417.07 ppm
May 2019: 414.65 ppm
If GHG emissions continue at the same rate
globally as seen in the last 30 years projected out
to 2050, GHG levels could reach ~490-500ppm
June 2020
25
20
20
15
10
5
0
2010
2020
2030
2040
2050
motor gasoline
distillate fuel
(Diesel) oil
jet fuel
electricity
other
Approximately 955 BGPY of fossil fuel was used
world-wide in 2017 for gasoline, diesel, and jet fuel.
Even with advent of EV, the EIA projects relatively
small demand change for fossil fuels, in part because
of basic economic development across the globe
Mandates & Climate Pledges are rising
Selected Examples
Swedish Government mandates greenhouse
gas reduction for aviation fuel
from insum dol
Sed u
modo sagitus euadinin hac habitasse
EU leaders agree to cut
carbon emissions at least
55% by 2030
odo sagitus c
du
an hac habitasse
Norway mandates
biofuel blending
odo sagitus
ved u
an hac habitasse
Y
Amazon Climate Pledge
Net-zero by 2040
United Airlines Pledges 100% Green by
Reducing Greenhouse Gas Emissions
100% by 2050
from insum dal
statur odiniai lik
(1)
U.S. EIA 2020 Annual Outlook.
(2)
Source: IEA 2020 World Energy Outlook. Sustainable Development Scenario (SDS) outlines path to global net zero emissions by 2070, targets limiting global temperature rise to 1.65°C and global CO2 emissions falling to less than 10bn tons by 2050.
gevo
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