article thumbnail

Studies find global COVID-19 lockdowns have significantly reduced PM2.5 and NO2 pollution, but ozone up

Green Car Congress

The week of Chinese New Year holiday is indicated by the red lantern shown inset panels (b) and (h). They found that nitrogen dioxide pollution decreased by an average of 40% over Chinese cities and by 20% to 38% over Western Europe and the United States during the 2020 lockdown, as compared to the same time in 2019. van Gent, J.,

Ozone 291
article thumbnail

Mercedes CEO Says Brand Sticking With China for the Long Haul

The Truth About Cars

& "The major players in the global economy, Europe, the U.S. With the global situation looking increasingly hectic and economies in varying degrees of disarray, there are a lot of questions about the future landscape of business. & This puts Germany in a difficult position, especially automotive manufacturers. influence.&

article thumbnail

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Novatek and its partners Total and Chinese National Petroleum Company still lack $15 billion of the $27 billion needed to finance the Yamal LNG plant. from a market for Russian crude and natural gas (via LNG) to a global competitor. into a major (potential) LNG competitor in global LNG import markets, and, via the U.S.

Russia 150
article thumbnail

IEA trims expected growth in oil demand for 2012/2013 by 300K–400K barrels per day

Green Car Congress

The implication is that global oil stocks have built solidly in the first half of 2012, albeit the recent trend in OECD countries has been downward. Global oil supply grew by 0.3 Global oil output stood 2.6 Global refinery crude run estimates for 3Q12 have been lowered by 0.3 3Q12 global throughputs now total 75.5

2013 236
article thumbnail

How the Huawei Fight is Changing the Face of 5G

Cars That Think

US sanctions targeting China's telecommunications giant Huawei Technologies have crippled the company, effectively forcing it out of the global smartphone market and now threatening its domestic phone business as well. What's at stake is control of international 5G networks, which are expected to transform global communications.

Chinese 123
article thumbnail

Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

Green Car Congress

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Other OPEC members agreed to similar deals, ensuring perpetual global demand for greenbacks.

Russia 225
article thumbnail

Saudis Expand Price War Downstream

Green Car Congress

The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. With Saudi Arabia's refined fuel contributing to the global supply glut, what will be its impact on the refining markets especially those in Asia? However, one cannot easily neglect the Indian and Chinese refiners.