Remove 2008 Remove CO2 Remove International Remove Oil
article thumbnail

Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. During the Global Financial Crisis in 2008/9, the COVID19 pandemic, and now the Ukrainian War, economic stimulus packages were meant to put the world on a cleaner and greener path, but this is not at all evident in the CO 2 emissions data.

Global 221
article thumbnail

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

Green Car Congress

in 2008, against 3.3% 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 Source: PBL.

2008 170
article thumbnail

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

Green Car Congress

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 tonnes of carbon per capita per year, according to a new paper published by an international team of 31 scientists in Nature Geoscience. over the previous seven years.

2008 218
article thumbnail

Study Finds That CO2 Standards for Vehicles Can Reduce Price of Oil

Green Car Congress

A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.

Oil 150
article thumbnail

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

Green Car Congress

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 —Christiana Figueres.

2010 257
article thumbnail

China and India Nullify Global Reduction in CO2 Emissions in 2009

Green Car Congress

The PBL calculated that emissions from fossil-fuel combustion (including those from gas flares—the burning of waste gas from oil drilling and other industrial processes, such as the production of cement and ammonia) in the industrial countries have decreased by 7%. However, this decrease is also related to the financial crisis.

2009 199
article thumbnail

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

Green Car Congress

correction for the leap year 2008), global emissions have. reduction of greenhouse gas emissions by 2012 as a group, partly thanks to large emission reductions from economies in transition in the early nineties and more recent reductions due to the 2008-2009 recession, according to the report. Global CO 2. Source: JRC.

Global 281