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S&P Global: absolute GHGs from Canadian oil sands did not increase in 2022 even as production grew

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Absolute greenhouse gas emissions from Canadian oil sands production were flat in 2022 even as total production grew, according to an initial analysis by S&P Global Commodity Insights. Since 2009 the average GHG intensity of oil sands production has declined 20 kgCO 2 e/bbl or 23%—an average decline of just over 1.5

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

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The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% The decline in 2020 of -5.2% increase in 2021.

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S&P Global Mobility: average age of light vehicles in US hits record high 12.5 years

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years, up by more than three months over 2022, according to the latest analysis from S&P Global Mobility. It also reflects the highest yearly increase since the 2008-2009 recession, which caused acceleration in average age beyond its traditional rate due to the sharp decline in new-vehicle sales demand. million units to 13.9

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Baker Institute team says fossil fuel subsidies need global reform

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Their paper tracks fossil fuel usage and government subsidies since the the 2009 G20 summit, during which representatives from 20 countries discussed global financial and socioeconomic issues and agreed to “phase out and rationalize over the medium term inefficient fossil fuel subsidies.”.

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IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

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Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

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China and India Nullify Global Reduction in CO2 Emissions in 2009

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Despite the continued economic crisis, global emissions of carbon dioxide, the main greenhouse gas, have remained constant in 2009 as strong increases in CO 2 emissions from fast-growing developing countries such as China and India, have completely nullified CO 2 emission reductions in the industrialized world. Source: PBL.

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S&P Global report forecasts absolute emissions from Canadian oil sands to decline even as production grows

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By the middle of this decade greenhouse gas (GHG) emissions from Canadian oil sands production should be in decline even as production continues to grow, according to a new comprehensive report by S&P Global Commodity Insights that takes into account current technology trends and production growth. —Kevin Birn.

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