article thumbnail

IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

Green Car Congress

Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

Coal 221
article thumbnail

Study finds methane emissions from coal mines ~50% higher than previously thought

Green Car Congress

The amount of methane released into the atmosphere as a result of coal mining is likely approximately 50% higher than previously estimated, according to research presented at the recent annual meeting of the American Geophysical Union. The authors point out that less coal production doesn’t translate to less methane.

Coal 321
article thumbnail

BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. MMbtu in Russia, $8.7/MMbtu

Gas 243
article thumbnail

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

Coal’s market share of 30.3% Global energy consumption grew by 2.5% Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% globally, and 8.4% was the highest since 1969. Source: BP.

Coal 261
article thumbnail

ExxonMobil projects natural gas will overtake coal as second most widely used source of energy by 2025

Green Car Congress

By 2025, ExxonMobil predicts natural gas will overtake coal to become the second most widely used source of energy worldwide. This historic shift of global energy markets toward increased use of natural gas will create new opportunities for economic growth and environmental progress, said Rex W. —Rex Tillerson.

Coal 244
article thumbnail

Shell to build LNG units in Gulf Coast and Great Lakes regions; two additional LNG for transport corridors in North America

Green Car Congress

Shell and its affiliates will build two additional small-scale natural gas liquefaction units to provide liquefied natural gas (LNG) fuel for marine and heavy-duty on-road customers in North America. These help to develop more compact cities and transform the global transport network.

article thumbnail

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

Green Car Congress

By achieving this accelerated goal, GM expects to avoid the production of an estimated 1 million metric tons of carbon emissions that would have been produced between 2025 and 2030, equal to the emissions produced by burning 1 billion pounds of coal. Sourcing renewable energy is a critical component of GM’s plans to decarbonize.

GM 321