Remove 2015 Remove Carbon Remove Climate Remove Energy
article thumbnail

ITF: worldwide transport activity to double by 2050, emissions to rise 16% compared to 2015

Green Car Congress

According to the ITF Transport Outlook 2021 , the biennial flagship report of the International Transport Forum, a sister organization of the OECD, global transport activity will more than double by 2050, and traffic emissions will rise by 16% compared to 2015 even if existing commitments to decarbonize transport are fully implemented.

article thumbnail

Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

Green Car Congress

Canada-based Carbon Engineering Ltd. (CE) CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. since 2015.

Chevron 351
article thumbnail

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Green Car Congress

Greater reliance on energy taxation is needed to strengthen efforts to tackle the principal source of both greenhouse gas emissions and air pollution, according to a new OECD report. Taxes are effective at cutting harmful emissions from energy use, but governments could make better use of them.

article thumbnail

Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

Green Car Congress

New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both. Masnadi, M.S.,

Oil 305
article thumbnail

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

Green Car Congress

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. to 1.9%) in 2022 as the COVID recovery continues amidst turmoil in energy markets. Turmoil in energy markets. increase in 2021.

Global 221
article thumbnail

EIA: US energy-related CO2 dropped 2.7% in 2015; of end-use sectors, only transportation increased

Green Car Congress

According to a report from the US Energy Information Administration (EIA), US energy-related CO 2 emissions decreased by 146 million metric tons (MMmt) in 2015 to 5,259 MMmt, down 2.7% Energy-related CO 2 emissions in 2015 were about 12% below 2005 levels. decline in energy intensity (Btu/GDP). Electricity.

2015 150
article thumbnail

Global Carbon Project: Low growth in global carbon emissions continues for third successive year

Green Car Congress

Global carbon emissions from burning fossil fuels did not grow in 2015 and are projected to rise only slightly in 2016, marking three years of almost no growth, according to researchers at the University of East Anglia (UEA) and the Global Carbon Project. This is a great help for tackling climate change but it is not enough.

Carbon 150