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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% Coal was again the fastest growing fossil fuel with predictable consequences for carbon emissions; it now accounts for 30.3% globally, and 8.4%

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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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in 2008, against 3.3% billion tonnes in 2008. For the first time, the share of global CO 2 emissions from developing countries is slightly higher (50.3%) than from industrialized countries (46.6%) and international transport (3.2%) together. In 2008, biofuels contributed about 2.5% Source: PBL. Click to enlarge.

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New phase of globalization could undermine efforts to reduce CO2 emissions

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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. trillion) in 2014.

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How Much Oil Have We Used?

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UK researchers have published a new estimate of total crude oil extracted in the International Journal of Oil, Gas and Coal Technology that suggests we may have used more than we think. Oil, Gas and Coal Technology , 2009, 2, 199-200 doi: 10.1504/IJOGCT.2009.024887. Even that figure does not add up, Jones explains. 2009.024887.

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15 Air Carriers Sign Non-Binding MOUs on Synthetic Jet Fuel Purchases with Two Providers: AltAir and RenTech

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The Rentech MOU contemplates the production and purchase of approximately 250 million gallons per year of synthetic jet fuel derived principally from coal or petroleum coke, with the resultant carbon dioxide sequestered and the carbon footprint potentially further reduced by integrating biomass as a feedstock. ASTM Certification.

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Perspective: The Role of Offsets in Climate Change Legislation

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Some offset projects may provide further benefits, such as: (a) the promotion of sustainable development; (b) improvements in air or water quality; (c) the creation of new domestic and international economic opportunities; and (d) the incentivization of innovation as parties seek new methods of generating offsets. CREDIBILITY OF OFFSETS.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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as compared to 1990 emissions, to be achieved between 2008 and 2012. From an official point of view, COP 15 is to be informed by the most recent report from the UNFCCC’s International Panel on Climate Change (IPCC), the Fourth Assessment Report (AR4), published in 2007. Climate Change And The IPCC Fourth Assessment Report.

Climate 236