Remove 2007 Remove Climate Remove Global Remove Oil Prices
article thumbnail

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. of all global fuel for road transportation—an increase from 2% in 2009, according to the report. World ethanol and biodiesel production, 1975-2010.

2010 256
article thumbnail

IIASA: removing fossil fuel subsidies will not reduce CO2 emissions as much as hoped

Green Car Congress

Fossil fuel subsidies amount to hundreds of billions of dollars worldwide, and removing them has been held up as a key answer to climate change mitigation. However, the study found that the growth of CO 2 emissions by 2030 would only be 1-5% lower than if subsidies had been maintained, regardless of whether oil prices are low or high.

Emissions 186
article thumbnail

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

Green Car Congress

Global CO 2 emissions from fuel use and cement production by region. 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. Source: PBL.

2008 170
article thumbnail

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

KPMG developed 3 nexuses linked by climate change to represent the challenges of sustainable growth. In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. Source: KPMG. Click to enlarge.

article thumbnail

Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

Ceres is a national network of investors, environmental organizations and other public interest groups working with companies and investors to address sustainability challenges such as global climate change. < —Mindy Lubber, president of Ceres and director of the $9 trillion Investor Network on Climate Risk /p>.

Coal 210
article thumbnail

US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

Green Car Congress

The current global economic downturn will dampen world energy demand in the near term, as manufacturing and consumer demand for goods and services slows. World oil prices have fallen sharply from their July 2008 high mark. The EIA notes that experience demonstrates that world oil prices can be extremely volatile.

2006 150
article thumbnail

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

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.