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Volvo Cars switches to biodiesel for ocean freight; cutting fossil CO2 emissions by 84%

Green Car Congress

The first global car maker to announce such a switch, Volvo calculates it will achieve an immediate reduction in fossil CO 2 emissions from intercontinental ocean freight by 55,000 tonnes over a year. Due to the renewable fuel, CO 2 emissions are reduced by at least 84% (Well-to-Wake, WTW) compared to fossil fuel.

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The SUV market is fueling global oil demand, clouding CO2 targets

Green Car Reports

A strong SUV market is leading to higher oil demand today, and may make future carbon dioxide (CO2) emissions targets harder to achieve, according to the International Energy Agency (IEA). New IEA analysis found that global CO2 emissions from SUVs reached nearly 1.1 SUVs are.

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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

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GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market. —Mike Vousden, Automotive Analyst at GlobalData.

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

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Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. Global fossil CO 2 emissions have now grown 0.6% CO 2 emissions from natural gas use have grown a sustained 2.2% increase in 2021.

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3 Oil Majors That Bet Big On Renewables

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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

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Mercedes-AMG PETRONAS Formula One Team trial of HVO100 for European land freight reduces CO2 emissions by 89%

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Analysis conducted after the trial concluded has shown that the use of HVO 100 biofuel saved 44,091kg CO 2 and reduced freight emissions by 89%. Hydrotreated Vegetable Oil (HVO 100) fuel is a 100% renewable fossil fuel free product derived from vegetable oils, waste oils and fats.

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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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Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 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. In 2021 alone, China’s CO 2 emissions rose above 11.9 billion tonnes. billion tonnes.

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