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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

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GtCO 2 (28% of the projected 2015–2050 light-duty vehicle fleet emissions). 2015–2050 US light-duty fleet cumulative CO 2 emissions versus CO 2 budget under prospective future developments. The paper is published in the journal Nature Climate Change. C global warming.

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Nornickel presents market review of nickel and platinum group metals

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Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

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

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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.

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

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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.

Oil 305
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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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In 2015, outside of road transport, 81% of emissions were untaxed, according to the report. Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. The report assesses the magnitude and coverage of taxes on energy use in 2015, and considers change between 2012 and 2015.

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California ARB approves 2017 Climate Change Scoping Plan; requires doubling the rate of GHG cuts

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The California Air Resources Board unanimously approved the 2017 Climate Change Scoping Plan , which sets the state on an aggressive course to reduce greenhouse gas emissions an additional 40% below 1990 levels by 2030 under SB 32. This will require California to double the rate at which it has been cutting GHGs. Earlier post.).

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Georgia Tech study projects potential mixed impacts of climate change policies on air quality

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They used the EPA US 9-region national database (EPAUS9r) with the MARKet Allocation (MARKAL) energy system model to develop emissions scenarios and spectral nudging to downscale global climate to the regional scale over the US. CT1 begins in 2015 at $20 per ton CO 2 and reaches $90 per ton in 2050. 2010 and 2048?2052.