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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 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 CO2 emissions increased from 15.3 Emissions increased by 1.7% in 2008, against 3.3%

2008 170
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IIASA: removing fossil fuel subsidies will not reduce CO2 emissions as much as hoped

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Removing fossil fuel subsidies would have only a small effect on CO 2 emissions and renewable energy use, according to a new study led by the International Institute for Applied Systems Analysis (IIASA) and published in the journal Nature. In addition, subsidy removal would not boost renewable energy use significantly, the team found.

Emissions 186
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Steep increase in global CO2 emissions despite reductions by industrialized countries; driven by power generation and road transport

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Increased energy efficiency, nuclear energy and the growing contribution of renewable energy are not compensating for the globally increasing demand for power and transport, which is strongest in developing countries. billion tonnes in 2007). Indexed global CO 2. billion tonnes in 2010 as compared to 4.2 Source: JRC.

Global 281
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US EIA Projects World Energy Use to Grow 44% Between 2006 and 2030, CO2 Emissions Up by 39%

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In the IEO2009 reference case, world oil prices rise to $110 per barrel in 2015 (in real 2007 dollars) and $130 per barrel in 2030. As a result, the IEO2009 includes three world oil price cases that span a very broad range in 2030, from $50 (in 2007 dollars) per barrel in the low price case to $200 per barrel in the high price case.

2006 150
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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

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The first two reports dealt with nuclear power (2003) and coal (2007). In the very long run, very tight carbon constraints will likely phase out natural gas power generation in favor of zero-carbon or extremely low-carbon energy sources such as renewables, nuclear power or natural gas and coal with carbon capture and storage.

MIT 240
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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However, the slow pace of negotiations spurred UNFCCC delegates to publish a “roadmap to Copenhagen” in December 2007 at the 13 th Congress in Bali, in an effort to accelerate the progress of those negotiations.

Climate 236
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Growing Number of EU Countries Levying CO2 Taxes on Cars and Incentivizing Plug-ins

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By April last year, sixteen Member States had CO 2 -related taxation, up from fourteen in 2008, eleven in 2007 and nine in 2006. Italy chose not to prolong its one-year fleet renewal scheme which included both CO 2 -based incentives and incentives for electric vehicles. Generally, registration taxes threaten fleet renewal.

Tax 268