Green Car Congress
JULY 12, 2021
China saw the largest increase (2.1%), one of only a handful of countries where energy demand grew last year. World oil production fell for the first time since 2009 by 6.6 China was one of the few countries where demand increased in 2020 (220,000 b/d). The oil price (Dated Brent) averaged $41.84/bbl million b/d).
Green Car Congress
JUNE 18, 2022
The IEA June 2022 Oil Market Report (OMR) forecasts world oil demand to reach 101.6 While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 mb/d in 2023, surpassing pre-pandemic levels. mb/d in 2022 to 2.2
Green Car Congress
SEPTEMBER 20, 2011
Between 2004 and 2008, global energy intensity experienced its sharpest decline in 30 years, with an average annual growth rate of 1.87%. In addition to technological advances, price developments play a key role in determining overall energy usage, Worldwatch notes.
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. Also in China, biofuels are increasingly being used as transport fuel. Source: PBL.
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.
Green Car Congress
APRIL 6, 2015
The increase reflected several influences, according to the report, including a boom in solar installations in China and Japan—totalling $74.9 Additional highlights of the 9 th annual Global Trends in Renewable Energy Investment 2015 report include: China saw by far the biggest renewable energy investments in 2014—a record $83.3
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