Green Car Congress

JULY 12, 2021

Both primary energy consumption and carbon emissions from energy use fell at their fastest rate seen since the Second World War, while renewable energy continued its trajectory of strong growth, with wind and solar power recording their largest ever annual increase. The oil price (Dated Brent) averaged $41.84/bbl The US (-2.3

2020 397

2020 Oil Saudi Arabia Energy 397

Green Car Congress

JUNE 18, 2022

This situation might prove short-lived, however, as tougher sanctions on Russia come into full force, oil demand in China recovers from COVID-lockdowns, if sharper Libyan losses persist and the OPEC+ spare production capacity cushion erodes. In 2023, a resurgent China will boost non-OECD demand growth, offsetting a slowdown in the OECD.

Oil 210

Oil Global Libya Russia 210

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

APRIL 6, 2015

billion of final investment decisions on offshore wind projects in Europe. A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. Additional to China, Brazil ($7.6 billion), India ($7.4

2014 150

2014 Renewable 2013 Wind 150

Green Car Congress

MAY 20, 2009

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. Oil-related emissions declined by 6%, accounting for the bulk of overall reduction in energy-related carbon dioxide emissions. —an average of 1.1% in 2008.

2008 150

2008 Emissions Carbon Transportation 150