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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

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This year’s edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon emissions. in 2018, faster than at any time since 2010-11. Cobalt prices rose 30% to their highest levels since 2008, while Lithium carbonate prices increased by 21% to new highs.

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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

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The US Energy Information Administration (EIA) estimates in the April 2010 release of its Short-Term Energy and Summer Fuels Outlook that CO 2 emissions from fossil fuels, which declined by 6.6% in 2010 and 1.1% EIA projects that world oil consumption will grow by 1.5 million barrels per day (bbl/d) in 2010 and 1.6

2008 186
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New study finds GHG emissions from palm oil production significantly underestimated; palm oil biofuels could be more climate-damaging than oil sands fuels

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Based on visual interpretation of high-resolution (30 m) satellite images, a new study in the journal Global Change Biology: Bioenergy determined that industrial plantations covered over 3.1 Slightly more than half of the GHG emissions for these biofuels in the EPA’s analysis came from land use change. Earlier post.). —Dr.

Oil-Sands 314
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GCP Carbon Budget Finds Anthropogenic CO2 Emissions Rose 2% in 2008 Despite Global Financial Crisis; Natural Sinks Not Keeping Pace With Increasing Emissions

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Despite the economic effects of the global financial crisis (GFC), carbon dioxide emissions from human activities rose 2% in 2008 to an all-time high of 1.3 between 2000 and 2008, compared with 1% per year in the 1990s. Emissions from coal are now the dominant fossil fuel emission source, surpassing 40 years of oil emission prevalence.

2008 218
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IEA estimates energy-related CO2 emissions in 2010 highest in history; 80% of projected 2020 emissions from the power sector are already locked in

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Energy-related carbon-dioxide (CO2) emissions in 2010 were the highest in history, according to the latest estimates by the International Energy Agency (IEA). Gigatonnes (Gt), a 5% jump from the previous record year in 2008, when levels reached 29.3 tonnes for China, and 1.5 tonnes in India. Fatih Birol, Chief Economist at the IEA.

2010 257
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UK Government approves Statoil’s US$7B development of North Sea Mariner heavy oil field

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The UK government’s Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field. The average production is estimated at around 55,000 barrels of oil per day over the plateau period from 2017 to 2020. Click to enlarge.

Mariner 225
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EIA Energy Outlook 2010 Reference Case Projects Moderate Growth in US Energy Consumption, Greater Use of Renewables, and Reduced Oil and Natural Gas Imports

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Existing US policies that stress energy efficiency and alternative fuels, together with higher energy prices, will curb energy consumption growth and shift the energy mix toward renewable fuels, according to the reference case for the Annual Energy Outlook 2010 ( AEO2010 ) released by the US Energy Information Administration (EIA).

Renewable 199