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

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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% Turmoil in energy markets.

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IEA: Electric vehicles posted strong gains in 2016; 2M now in global parc

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With more than 750,000 units sold over the year, the number of electric vehicles in the global parc—primarily Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs)—surpassed 2 million units in 2016, following a year of strong growth in 2015, according to the International Energy Agency’s Global EV Outlook 2017.

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GM secures all energy needed to achieve renewable energy goal for 2025; 25 years ahead of target set in 2016

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This is in line with the accelerated target announced in September 2021, which was 5 years ahead of the 2030 target announced in early 2021 and 25 years ahead of the initial target of 2050, set in 2016. GM supports policies that enable a carbon-free, resilient power system.

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DOE: China alone accounted for 42% of global plug-in vehicle sales in 2016

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About 756,000 plug-in electric vehicles (PEVs) were sold in the world in 2016, with 95% of those sales in China, Europe, the United States, Japan, and Canada, according to figures compiled by the US Department of Energy (DOE). PHEV sales reached 72,400 units in 2016 in China. Plug-in vehicle sales by vehicle type, 2015 and 2016.

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Jato Dynamics: global auto sales up 5.6% in 2016, SUVs continue to surge

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Global automotive industry sales rose 5.6% in 2016 to 84.24 Declines in Japan, Russia and Brazil were offset by strong results in China and Europe, said Felipe Munoz, JATO’s Global Analyst. Global demand for SUVs continued, with significant sales increases in the segment across South East Asia, Europe and China.

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IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

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Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. With global demand expected to grow by 1.2

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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. Global emissions from the energy sector stood at 32.1 The data signal a continuing decoupling of emissions and economic activity.

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