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

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Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. Many countries, cities, companies, and individuals have made pledges to reduce emissions, and it is stark reminder that despite all this rhetoric, global fossil CO 2 emissions are more than 5% higher than in 2015, the year of the Paris Agreement.

Global 221
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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. A sharp rise in oil prices would spur new investment and new drilling.

Oil 150
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Pike Research forecasts surge in investment and growth in advanced biorefineries through 2022

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In its tally and projections, Pike includes conventional ethanol and biodiesel facilities targeting commodity-based feedstocks, such as corn starch, sugarcane, soy, palm oil, and rapeseed. Pike suggests that although conventional biorefinery capacity will increase only moderately over the next decade, due. Earlier post.).

Brazil 236
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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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In REmap—IRENA’s global roadmap for the transition—energy demand by 2050 could be about the same as in 2015, due to significant energy efficiency improvements. Primary CO 2 emissions reduction potential by technology in the Reference Case and REmap, 2015-2050. trillion in 2015. Click to enlarge. Around US$3.5

Renewable 199
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Germany Launches H2 Mobility Initiative to Expand Infrastructure for Refueling Hydrogen Vehicles

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The H2 Mobility launch comes one day after leading automakers signed a Letter of Understanding regarding the commercialization and series production of fuel cell electric vehicles from 2015 onward. Today, after more than 100 years of combustion engines and the dominance of oil, we are facing a new technological era in the transport sector.

Germany 268
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NYC Goes EV

Revenge of the Electric Car

From the article: ‘The New York study anticipates that by 2015, electric vehicle prices should decline because of reduced battery costs, that there will be a sufficient supply of electric vehicles to purchase, and that consumers will take advantage of the existing federal tax credit of $7,500 for new electric cars. If by 2015, 2.5

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Next 10 report finds California must increase GHG reductions to 4.9%/year through 2030 to meet target

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This year’s Index finds that 2018 greenhouse gas emissions—the latest year for which data are available—rose overall for the first time since 2012, driven in part by increases in the power and commercial sectors. Private sector investment can also drive green stimulus. California’s energy-related emissions were 9.1