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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.

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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.

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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.).

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Opinion: Saudi Arabia Continues To Turn Screws On US Shale

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According to OPEC's latest monthly oil report , Saudi Arabia boosted its oil output to 10.31 That was enough for the de facto OPEC leader to claim its highest oil production level in more than three decades. There is a lag between movements in the oil price and corresponding changes in production. million barrels.

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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Although many feedstocks, technologies, and conversion pathways are currently sharing the same tent, the current decade is shaping up to be one of shakeouts, as early bets on cellulosic technologies reach commercial production and significant investments from oil majors and multinationals. continue to pour into the industry.

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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

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. DB has lowered its advanced lithium-ion battery cost projection by about 30% for 2012.