Fossil fuels exist as a double-edged sword for most countries.
On one hand, they still make up a dominant piece of the current energy mix, and oil is still seen as a crucial resource for achieving geopolitical significance. It’s also no secret that fossil fuels are a driver for many economies around the world.
But with governments and corporations counting carbon emissions and mounting concerns about climate change, reliance on these same fuels will not last forever. As attitudes and policies evolve, they will continue to see a reduced role going forward.
Visualizing Fossil Fuels by Country
So, which countries are pumping out the most hydrocarbons?
Today’s cartograms come from 911Metallurgist, and the animated maps resize each country based on their share of global fossil fuel production.
Below, you’ll see four cartograms that cover oil, gas, coal, and total fossil fuel production.
Crude Oil Production
The United States leads this category, producing about 18% of the world’s total oil:
Although the U.S. is the number one producer globally, it should be noted that the country doesn’t have the same quantity of oil reserves as other leading nations.
Weirdly, Venezuela has the exact opposite problem. The country has the most oil reserves in the world, but currently only sits as its 12th biggest producer.
Natural Gas Production
In terms of gas, the U.S. leads again with a 20% share of global production. Russia is also a gas powerhouse, with a 17.3% share.
After the U.S. and Russia, it’s a fairly steep dropoff in terms of natural gas production. Countries like Iran, Canada, Qatar, and China are the next most significant players, but they each only produce 4-6% of the global total.
Coal use may be on the decline, but China still produces a whopping 45% of the world’s coal.
China’s current relationship with coal is an interesting one.
Every year, coal has become less important in China’s energy mix – in 2011 it represented 70% of energy consumption, and by 2018 it had fell to 59%.
Despite this meaningful progress, China’s economy has grown so fast, that coal use has essentially held steady in absolute terms. Meanwhile, the country’s production of coal has actually grown slightly over the same timeframe.
Total Fossil Fuel Production
Finally, here is the sum of all three above categories, converted to metric tonnes:
The United States produces 20% of all global fossil fuels, with Russia and Iran rounding out the top three. After that comes Canada, which produces just under 5% of all fossil fuels globally.
Tesla is Now the World’s Most Valuable Automaker
Thanks to a surging stock price, Tesla is now the world’s most valuable automaker – surpassing industry giants Toyota and Volkswagen.
Tesla is Now the World’s Most Valuable Automaker
Even in the midst of a pandemic, Tesla continues to reach new heights.
The company, which began as a problem-plagued upstart a little over 15 years ago, has now become the world’s most valuable automaker – surpassing industry giants such as Toyota and Volkswagen.
This milestone comes after a year of steady growth, which only hit a speed bump earlier this year due to COVID-19’s negative impact on new car sales. Despite these headwinds, Tesla’s valuation has jumped by an impressive 375% since this time last year.
How does Tesla’s value continue to balloon, despite repeated cries that the company is overvalued? Will shortsellers declare a long-awaited victory, or is there still open road ahead?
Tesla’s Race to the Top
Earlier this year, Tesla hit an impressive milestone, surpassing the value of GM and Ford combined. Since then, the automaker’s stock has continued it’s upward trajectory.
Thanks to the popularity of the Model 3, Tesla sold more cars in 2019 than it did in the previous two years combined:
As well, the company is taking big steps to up its production capacity.
Austin, Texas and Tulsa, Oklahoma are currently rolling out the incentives to attract Tesla’s new U.S.-based factory. The company is also increasing its global presence with the construction of Giga Berlin, it’s first European production facility, as well as completing the ongoing expansion of its Giga Shanghai facility in China.
Battle of the Namesakes
Tesla’s most recent price bump was fueled in part by a leaked internal memo from Tesla’s CEO, Elon Musk, urging the company’s staff to go “all out” on bringing electric semi trucks to the global market at scale.
It’s time to go all out and bring the Tesla Semi to volume production.
– Elon Musk
Of course, Musk’s enthusiasm for semi trucks isn’t coming from nowhere. Another company, Nikola (also named after famed inventor Nikola Tesla), is focused on electrifying the two million or so semi trucks in operation in the U.S. market.
Although Nikola has yet to produce a vehicle, its market cap has surged to $24 billion – which puts its valuation nearly on par with Ford. Much like Tesla, the company already has preorders from major companies looking to add electric-powered trucks to their delivery fleets.
For major brands looking to hit ESG targets, zero-emission heavy-duty trucks is an easy solution, particularly if the vehicles also live up to claims of being cheaper over the vehicle’s lifecycle. The big question is which automaker will capitalize on this mega market first?
6 Ways Hydrogen and Fuel Cells Can Help Transition to Clean Energy
Here are six reasons why hydrogen and fuel cells can be a fit for helping with the transition to a lower-emission energy mix.
While fossil fuels offer an easily transportable, affordable, and energy-dense fuel for everyday use, the burning of this fuel creates pollutants, which can concentrate in city centers degrading the quality of air and life for residents.
The world is looking for alternative ways to ensure the mobility of people and goods with different power sources, and electric vehicles have high potential to fill this need.
But did you know that not all electric vehicles produce their electricity in the same way?
Hydrogen: An Alternative Vision for the EV
The world obsesses over battery technology and manufacturers such as Tesla, but there is an alternative fuel that powers rocket ships and is road-ready. Hydrogen is set to become an important fuel in the clean energy mix of the future.
Today’s infographic comes from the Canadian Hydrogen and Fuel Cell Association (CHFCA) and it outlines the case for hydrogen.
Hydrogen Supply and Demand
Some scientists have made the argument that it was not hydrogen that caused the infamous Hindenburg to burst into flames. Instead, the powdered aluminum coating of the zeppelin, which provided its silver look, was the culprit. Essentially, the chemical compound coating the dirigibles was a crude form of rocket fuel.
Industry and business have safely used, stored, and transported hydrogen for 50 years, while hydrogen-powered electric vehicles have a proven safety record with over 10 million miles of operation. In fact, hydrogen has several properties that make it safer than fossil fuels:
- 14 times lighter than air and disperses quickly
- Flames have low radiant heat
- Less combustible
Since hydrogen is the most abundant chemical element in the universe, it can be produced almost anywhere with a variety of methods, including from fuels such as natural gas, oil, or coal, and through electrolysis. Fossil fuels can be treated with extreme temperatures to break their hydrocarbon bonds, releasing hydrogen as a byproduct. The latter method uses electricity to split water into hydrogen and oxygen.
Both methods produce hydrogen for storage, and later consumption in an electric fuel cell.
Fuel Cell or Battery?
Battery and hydrogen-powered vehicles have the same goal: to reduce the environmental impact from oil consumption. There are two ways to measure the environmental impact of vehicles, from “Well to Wheels” and from “Cradle to Grave”.
Well to wheels refers to the total emissions from the production of fuel to its use in everyday life. Meanwhile, cradle to grave includes the vehicle’s production, operation, and eventual destruction.
According to one study, both of these measurements show that hydrogen-powered fuel cells significantly reduce greenhouse gas emissions and air pollutants. For every kilometer a hydrogen-powered vehicle drives it produces only 2.7 grams per kilometer (g/km) of carbon dioxide while a battery electric vehicle produces 20 g/km.
During everyday use, both options offer zero emissions, high efficiency, an electric drive, and low noise, but hydrogen offers weight-saving advantages that battery-powered vehicles do not.
In one comparison, Toyota’s Mirai had a maximum driving range of 312 miles, 41% further than Tesla’s Model 3 220-mile range. The Mirai can refuel in minutes, while the Model 3 has to recharge in 8.5 hours for only a 45% charge at a specially configured quick charge station not widely available.
However, the world still lacks the significant infrastructure to make this hydrogen-fueled future possible.
Large scale production delivers economic amounts of hydrogen. In order to achieve this scale, an extensive infrastructure of pipelines and fueling stations are required. However to build this, the world needs global coordination and action.
Countries around the world are laying the foundations for a hydrogen future. In 2017, CEOs from around the word formed the Hydrogen Council with the mission to accelerate the investment in hydrogen.
Globally, countries have announced plans to build 2,800 hydrogen refueling stations by 2025. German pipeline operators presented a plan to create a 1,200-kilometer grid by 2030 to transport hydrogen across the country, which would be the world’s largest in planning.
Fuel cell technology is road-ready with hydrogen infrastructure rapidly catching up. Hydrogen can deliver the power for a new clear energy era.
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