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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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in 2011, close to the historical average. Coal’s market share of 30.3% in 2011, broadly in line with the historical average but well below the 5.1% Emerging economies accounted for all of the net growth, with OECD demand falling for the third time in the last four years, led by a sharp decline in Japan. Source: BP.

Coal 261
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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%. savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. combined, where emissions increased by 9% and 6% respectively in 2011.

2011 236
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IEA: carbon intensity of global energy supply has barely changed in last 20 years; “window of opportunity in transport”

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The global energy supply became 6% cleaner from 1971 to 1990,in response to the oil shocks of the 1970s. In 1990 the underlying carbon intensity of supply was 57.1 The world must slow the growth of energy demand as well as make its energy supply cleaner, the IEA said. million, up 43% from 2011. tCO 2 /TJ (2.39

Carbon 265
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BG Group sanctions US$15B coal seam gas to LNG project; first such

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BG Group has approved implementation of the first phase of a US$15-billion project to convert coal seam gas (CSG) to LNG—the first major commercial project to do so. First LNG exports are planned to commence from 2014, underpinned by agreements in Chile, China, Japan and Singapore for the purchase of up to 9.5 Source: QCLNG EIS.

Coal 210
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EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

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However, fossil fuels continue to supply nearly 80% of world energy use through 2040. Natural gas is the fastest-growing fossil fuel, as global supplies of tight gas, shale gas, and coalbed methane increase. per year over the projection period, but remain a relatively minor share of total liquids supply through 2040.

2010 317
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INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

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Japan-based INPEX Corporation and its joint venture partner Total have made the final investment decision (FID) for the Ichthys liquefied natural gas (LNG) project in Australia, representing an investment of US$34 billion dollars. Ichthys will provide a long-term stable supply of cleaner energy to. Location of the Ichthys project.

Australia 210
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Renault makes public its lifecycle study of Fluence ICE vs Fluence EV

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Renault recently made public the findings of an internal study, published first in October 2011, detailing and comparing the lifecycle assessments (LCAs) of the battery-electric and two internal combustion engined versions (gasoline and diesel) of the Renault Fluence. water, and non-renewable energies (crude oil, coal.) consumption. ?.

Li-ion 364