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
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.
Green Car Congress
MAY 20, 2009
Motor gasoline accounts for 58.7% Factors that influenced the overall emissions decrease included record-high oil prices and a decline in economic activity in the second half of the year. in 2008, continuing a trend of falling industrial sector emissions since 2004. —an average of 1.1%
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