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Vanadium Recovery Project targeting significant increase in vanadium production in Europe with low emissions

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The VRP won’t have any waste streams and will set a new precedent for circular economy practices in metals processing. Currently, approximately 75% of global vanadium supply is sourced from China, South Africa, and Russia. The Vanadium Recovery Project (VRP) is targeting a 1.5

Europe 243
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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As the world population increases by the estimated 30% from 2010 to 2040, ExxonMobil sees global GDP rising by about 140%, but energy demand by only about 35% due to greater efficiency. The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. The OECD represents the developed economies.

Energy 252
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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The next ten years could see a massive expansion of steel capacity to meet demand in growing economies, such as India. Russia and Brazil both have access to high-quality iron ore reserves and to abundant clean power. South Africa and India have good iron ore reserves and the potential to produce a large amount of low-cost clean power.

Hydrogen 221
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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210
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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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The Organization for Economic Cooperation and Development (OECD) and the IEA have found that eliminating fossil fuel subsidies by 2020 would reduce global greenhouse gas emissions in 2050 by ten percent. Many countries are reducing fossil fuel subsidies while preventing adverse impact on the poorest.

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BRIMCS countries, and especially China, outspending IEA countries in energy RDD

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The results of our study make a strong case for including the BRIMCS governments in any global discussion around energy technology innovation and cooperation. “ Governmental Energy Innovation Investments, Policies and Institutions in the Major Emerging Economies: Brazil, Russia, India, Mexico, China, and South Africa.

China 199
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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PwC analysis finds a need for global carbon intensity to drop an average of 5.1% Since 2000, the global rate of decarbonization has averaged 0.8%; from 2010 to 2011, global carbon intensity fell by just 0.7%. Because of this slow start, global carbon intensity now needs to be cut by an average of 5.1% Click to enlarge.