DIY Electric Car

NOVEMBER 28, 2010

There have been 5 recession since then until now and I wanted to see if Oil had anything to do with them, because deep in my heart, I knew the most recent recession was directly caused by the oil price spikes that started in 2007 and peaked in 2008. OPEC quadrupled the price of oil and the US quickly fell into recession.

USA 180

USA Oil Prices Oil 2001 180

Green Car Congress

JUNE 26, 2009

In addition to high oil prices and the financial crisis, the increased use of new renewable energy sources, such as biofuels for road transport and wind energy for electricity generation, had a noticeable and mitigating impact on CO 2 emissions. Global CO 2 emissions from fuel use and cement production by region. Source: PBL.

2008 170

2008 Oil Renewable Emissions 170

Green Car Congress

AUGUST 30, 2009

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil. by Brian J.

Transportation 317

Transportation Fuel Renewable Gasoline-Electric 317

Green Car Congress

MAY 20, 2009

in 2008 to 5,802 million metric tons of carbon dioxide (MMTCO 2 ), down from 5,967 MMTCO 2 in 2007, according to preliminary estimates released by the Energy Information Administration (EIA). This is the largest annual decline in energy-related carbon dioxide emissions since EIA began annual reporting on greenhouse gas emissions.

2008 150

2008 Emissions Carbon Transportation 150