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bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

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Both primary energy consumption and carbon emissions from energy use fell at their fastest rate seen since the Second World War, while renewable energy continued its trajectory of strong growth, with wind and solar power recording their largest ever annual increase. million b/d) and India (-480,000 b/d) reported the largest declines.

2020 397
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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. China was the only major economy to experience economic growth in both 2020 and 2021. This increase in demand of almost 700 TWh was the largest ever experienced in China.

Emissions 370
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NOAA study finds reducing particulate air pollution in N America & Europe increases hurricanes in N Atlantic

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In contrast, increased air pollution from China and India in the same 40-year period from 1980 to 2020 has contributed to a decline in tropical cyclones in the western North Pacific. Weaker winds, in turn, mean that there is less difference between the speed of winds in the lower and upper troposphere or less wind shear.

Pollution 370
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. billion and $2.7

Coal 243
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ICCT LCA study finds only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways

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The total also accounts for the GHG emissions from manufacturing solar panels and wind turbines that produce renewable electrical power to fuel battery EVs, as well as energy losses in electricity transmission and EV charging. Source: The ICCT. Source: The ICCT. Source: The ICCT.

Hydrogen 418
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

Wind 220
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BloombergNEF: solar, wind, batteries to attract $10T to 2050; curbing emissions long-term will require other technologies

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Deep declines in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050, according to the latest projections from BloombergNEF (BNEF). Wind and solar grow from 7% of generation today to 48% by 2050. China and India together are a $4.3

Wind 207