Remove 2008 Remove Cars Remove CO2 Remove Oil Prices
article thumbnail

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

Car fleet composition in the EU under the different scenarios. reduction in global oil consumption results in a drop in global oil prices of 1.2%. Most analyses of the economic assessments of energy efficiency measures normally use fixed oil prices when accounting for economic benefits. Click to enlarge.

Oil 150
article thumbnail

Annual increases in CO2 slows down

Green Cars News

With oil prices surging in the summer of 2008, the annual increase in global emissions of carbon dioxide (CO2) from oil, coal, gas and cement production appear to have halved according to preliminary estimates by the Netherlands Environmental Assessment Agency. per cent in 2008, compared to 3.3 per cent.

CO2 39
article thumbnail

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Green Car Congress

World oil prices have fallen sharply from their July 2008 high mark. As the world’s economies recover, higher world oil prices are assumed to return and to persist through 2030. In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030.

2006 150
article thumbnail

Are biofuels the answer for green cars? The Green Piece

Green Cars News

Generally, any alternative energy form that can help reduce carbon dioxide (CO2) emissions and limit our reliance on fossil fuels is well-received. They offer the prospect of increased market competition and oil price moderation and can help reduce the dependency on fossil fuels. Aren’t biofuels climate friendly?

article thumbnail

EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

After falling 3% in 2008 and nearly 7% in 2009, largely driven by the economic downturn, energy-related CO 2 emissions do not return to 2005 levels (5,980 million metric tons) until 2027. Beyond 2020, CAFE standards for both passenger cars and light-duty trucks are held constant. —EIA Administrator Richard Newell.

Gas 199
article thumbnail

Iveco step up production of biomethane-powered vehicle

Green Cars News

Across the six month period, which began on 21 October 2008, the Daily travelled a total of 7,040 km, consuming LBM at a rate of 24.6 The LBM powered Daily emitted just 2,771 kg of CO2 over this period, compared with 7,295 kg for the equivalent diesel model. litres/100km.

Power 36
article thumbnail

Transportation emissions slashed in USA

Green Cars News

According to preliminary estimates from the Energy Information Administration, US carbon dioxide (CO2) emissions from fossil fuels decreased by 2.8 per cent in 2008 with transportation related emissions decreasing by around 5.2 per cent of the sector’s CO2 emissions followed by diesel fuel at 23.2 per cent.