article thumbnail

Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

During the Global Financial Crisis in 2008/9, the COVID19 pandemic, and now the Ukrainian War, economic stimulus packages were meant to put the world on a cleaner and greener path, but this is not at all evident in the CO 2 emissions data. —Glen Peters, a Research Director at the CICERO Center for International Climate Research.

Global 221
article thumbnail

Palladium falls as concern EVs will destroy demand returns to the fore – ET Auto

Baua Electric

Russia, which is being punished by widening western sanctions for its invasion of Ukraine in 2022, is home to Nornickel. In 2023, palladium prices fell by 39%, the metal’s deepest yearly fall since 2008. 14 when the UK restrictions were announced and the market was concerned about their possible expansion in future.

Auto 40
article thumbnail

Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

Green Car Congress

Ricardo’s Rising-15 automotive markets include: Argentina; Egypt; Indonesia; Iran; Malaysia; Mexico; Morocco; Nigeria; Peru; the Philippines; South Africa; Thailand; Turkey; Ukraine; and Vietnam. Nissan introducing new Datsun in Indonesia. —Andreas Schlosser, Ricardo Strategic Consulting managing director for Central Europe.

Market 210
article thumbnail

SpaceX a bastion of independent US, European spaceflight amid Russian threats

Teslarati

Russia has invaded Ukraine without provocation, triggering a series of diplomatic responses – sanctions in particular – that recently culminated in the aggressor deciding to cut ties with Europe on a number of cooperative spaceflight projects. On the other half of the coin is the International Space Station.

Russia 142
article thumbnail

2020 Top 10 Countries in the Global EV Revolution

EV Sales

Most of this was driven by Europe, where strict cash penalties levied directly on automakers, for each ICE (internal-combustion engine) sold, came into effect January 2020 — and simply worked! The 2008 $7.5k Since the general auto market remained slumped, global EV market share increased nicely from 2.8% in 2019 to 4% in 2020.

2020 52