article thumbnail

S&P Global Commodity Insights raises 10-year production outlook for Canadian oil sands

Green Car Congress

Higher crude prices and continued optimization improvements have driven the first upward revision to the S&P Global Commodity Insights 10-year oil sands production outlook in more than half a decade. Capital expenditures for oil sands production in 2022 reached their highest levels since 2015 and could rise further this year.

Oil-Sands 221
article thumbnail

Why New Production Sources of Tungsten Are Critical for Increased Global Supply

Green Car Congress

and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% As manufacturers set to ramp product back up to produce everything from automobiles, airplanes and construction tools, they will begin to return to normal production cycles.

Supplies 380
article thumbnail

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

Green Car Congress

The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% The decline in 2020 of -5.2% increase in 2021.

Global 221
article thumbnail

Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. TWh of batteries needed by 2030 will require $201 billion and the midstream production of battery materials will take the remaining $93 billion.

article thumbnail

S&P Global: increasing trade of low-carbon biofuel feedstocks heightens supply constraint concerns

Green Car Congress

Animal fats and used cooking oil are increasingly joining the likes of lithium, cobalt and copper as energy transitional materials where supply constraints are of growing concern, according to a new analysis of trade flows by S&P Global Commodity Insights Agribusiness Consulting group. The chase is on, and it is here to stay.

Carbon 170
article thumbnail

Pike Research forecasts automotive Li-ion battery market to grow to almost $22B in 2020; China to become global leader in production by 2015

Green Car Congress

Pike anticipates that the Asia Pacific region will continue to be the global leader in both Li-ion production and consumption in the transportation industry, with support by major governments for aggressive goals in plug-in vehicle (PEV) production, creation of charging infrastructure, and incentives for consumer purchases.

Li-ion 323
article thumbnail

Bosch begins electric motor production in Charleston; more than $260M in new investment

Green Car Congress

Bosch has begun production of electric motors at its Charleston, S.C. Additionally, the company plans to invest more than $260 million to expand further the production of electrification products at the site, which is expected to create at least 350 net new jobs by 2025. manufacturing facility. methods to gain more efficiency.

Motor 304