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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 remains the world’s leading fuel, but its 33.1% Coal’s market share of 30.3% seen in 2010, according to the newly released BP Statistical Review of World Energy, 2012. The report also highlighted supply disruptions as one of the major energy events of the year. World primary energy consumption grew by 2.5% Source: BP.

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Air Products to provide hydrogen fueling equipment to China Energy Investment Group’s first hydrogen fueling station in China

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With assets exceeding US$270 billion, China Energy has set a number of world records including being the largest producer of coal, thermal power, renewable energy, and coal-to-oil and coal chemical products. The hydrogen fueling station in Beijing has continued to serve local vehicles since the events concluded.

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IEA: carbon intensity of global energy supply has barely changed in last 20 years; “window of opportunity in transport”

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The global energy supply became 6% cleaner from 1971 to 1990,in response to the oil shocks of the 1970s. Since 1990, however, the ESCII (2010 = 100) has remained essentially static, changing by less than 1%. tCO 2 /toe); in 2010 it was 56.7 Coal technologies continue to dominate growth in power generation. tCO 2 /toe).

Carbon 265
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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

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President Obama established the current PCAST in 2010 as an advisory group of leading scientists and engineers who directly advise the President and the Executive Office of the President; one of the members serves as the Assistant to the President for Science and Technology (the Science Advisor). —PCAST letter to the President.

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Separate MIT, IEA reports both outline major expansion in role of natural gas; caution on climate benefits

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An interim report with some of this study’s major findings and recommendations was released in June 2010. In the US, a combination of demand reduction and displacement of coal-fired power by gas-fired generation is the lowest cost way to reduce CO 2 emissions by up to 50%. Source: IEA. Click to enlarge. Earlier post.)

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge.

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The Complex Calculus of Clean Energy and Zero Emissions

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Jenkins: Energy systems became globalized in the middle of the 20th century and then encountered global supply shocks, like the oil embargoes of the ’70s. The second reason is that the grid we have is built out to places where there were coal mines and hydropower dams, not where there’s the best wind and sun.

Clean 93