article thumbnail

New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications. trillion) in 2014.

Global 170
article thumbnail

IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

Green Car Congress

Assuming Libya rebounds from a steep drop, the bloc’s production could increase 2.6 Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6 Nevertheless, product markets are expected to remain tight, with a particular concern for diesel and kerosene supplies. mb/d this year, eroding its spare capacity cushion.

Oil 210
article thumbnail

bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

Green Car Congress

The Review captures the significant impact the global pandemic had on energy markets and how it may shape future global energy trends. World oil production fell for the first time since 2009 by 6.6 Production only increased in a few countries, mainly Norway (260,000 b/d) and Brazil (150,000 b/d). million b/d). Source: bp.

2020 397
article thumbnail

BASF and Yara to evaluate low-carbon blue ammonia project at US Gulf Coast

Green Car Congress

BASF and Yara Clean Ammonia are collaborating on a joint study to develop and construct a world-scale low-carbon blue ammonia production facility with carbon capture in the US Gulf Coast region. to serve the growing global demand for low-carbon ammonia. million tons p.a. Yara has a strong track record in greenhouse gas abatement.

Carbon 150
article thumbnail

Volkswagen Group appoints new heads of Global R&D, Group Design, Group Product and Modular Toolkit Strategy

Green Car Congress

He has been Head of the Design Department at Porsche AG since 2004 and was also given responsibility for styling the 2007 Porsche Cayenne, the Panamera and the 918 Spyder. Ralf-Gerhard Willner will lead Group Product and Modular Toolkit Strategy. Wolfram Thomas takes charge of Group Production.

Design 150
article thumbnail

Ford expanding global electrified vehicle battery R&D

Green Car Congress

Ford is expanding its electrified vehicles research and development program in Europe and Asia this year, creating a “hub-and-spoke” system that allows the global team to further accelerate battery technology and take advantage of market-specific opportunities. Ford electrified vehicle sales in the US.

Ford 150
article thumbnail

Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4 Coal’s share in primary energy in 2017 fell to 27.6%, the lowest since 2004. World coal production grew by 105 mtoe or 3.2%, the fastest rate of growth since 2011. Production rose by 56 mtoe in China and 23 mtoe in the US.

Wind 220