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

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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.

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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% Gas production globally grew by 3.1%; the US recorded 7.7% The EU’s decline in gas production was the highest on record (-11.4%).

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Linc Energy Acquires Wyoming Coal Assets for Underground Gasification and Gas-to-Liquids

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Australia-based Linc Energy Limited has signed a purchase agreement to acquire a 100% interest in 92,059 acres of coal tenement lease areas in the Powder River Basin in Wyoming USA from GasTech Inc, a company based in Casper Wyoming. Linc Energy has agreed to pay US$5 million for the purchase of the GasTech coal tenements.

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MIT study concludes that absent climate policy, coal-to-liquids could account for around a third of global liquid fuels by 2050

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A new assessment of the viability of coal-to-liquids (CTL) technology by researchers from the MIT Joint Program on the Science and Policy of Global Change (JPSPGC) found that without climate policy, CTL has the potential to account for around a third of global liquid fuels by 2050. Credit: Chen et al., 2011 Click to enlarge.

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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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EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

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Worldwide energy consumption will grow by 53% between 2008 and 2035 with much of the increase driven by strong economic growth in the developing nations, especially China and India, according to the reference case in the newly released International Energy Outlook 2011 (IEO2011) from the US Energy Information Administration (EIA).

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DOE, RTI to Design and Build Coal Syngas Cleanup System for IGCC Power Plants to Reduce Cost of Removing Contaminants, Capturing CO2; Potential for Synthetic Chemicals and Fuels

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The system also holds the potential to reduce the cost of producing chemicals, transportation fuels, and substitute natural gas from gasified coal. The system also holds the potential to reduce the cost of producing chemicals, transportation fuels, and substitute natural gas from gasified coal. Background.

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