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Udokan Copper to cut carbon intensity of copper production up to 75% by 2035

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Russia-based Udokan Copper , the developer of Russia’s largest new copper deposit, outlined scenarios to cut the carbon intensity of copper production up to 75% by 2035, bringing the company closer to its ultimate goal of climate neutrality in the long run. In 2021, Udokan Copper invested RUB 764 million (US$11.5

Carbon 273
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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Fossil fuels still dominated energy consumption with 87% market share, while renewables rose fastest but are still only 2% of the global total.

Coal 261
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Study Finds that US Subsidies for Fossil Fuels Are Almost 2.5x Those for Renewables

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US subsidies for fuels and renewable energy, 2002-2008. The study, “Estimating US Government Subsidies to Energy Sources: 2002-2008”, found that fossil fuels benefited from approximately $72 billion over the seven-year period, while subsidies for renewable fuels totaled $29 billion. Source: Adeyeye et al.

Renewable 338
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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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Global CO 2 emissions from fuel use and cement production by region. in 2008, against 3.3% In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions.

2008 170
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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

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As I have said before, this is not a race to renewables, but a race to reduce carbon emissions across many fronts. Natural gas consumption and production was up over 5%, one of the strongest rates of growth for both demand and output for over 30 years. Coal still accounted for the largest share of power generation at 38%.

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Air Products to provide hydrogen fueling equipment to China Energy Investment Group’s first hydrogen fueling station in China

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Air Products signed an agreement with state-owned Shenhua New Energy Co. Air Products’ SmartFuel hydrogen dispenser will be supplied for the project for fueling the hydrogen fuel cell powered vehicles. New Energy), a subsidiary of China’s energy conglomerate China Energy Investment Group Co.,

Hydrogen 170
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Americans Using Less Energy Overall and Using More Renewable Energy Resources

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The United States used significantly less coal and petroleum in 2009 than in 2008, and significantly more wind power. quadrillion BTUs in 2008. 51 in 2008. Most of that energy is tied directly to electricity generation and thus helps decrease the use of coal for electricity production. 22,09, 2.16

Energy 294