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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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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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“It might be that we see quite a dramatic reduction in replacing the capacity and of course that will have an impact, eventually, on price.”. That will prevent any short-term price spike even if depletion surpasses new production. A sharp rise in oil prices would spur new investment and new drilling.

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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. Ultimately, widespread commercialization will depend on whether these ventures can reach price.

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

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to 1.9%) in 2022 as the COVID recovery continues amidst turmoil in energy markets. Many countries, cities, companies, and individuals have made pledges to reduce emissions, and it is stark reminder that despite all this rhetoric, global fossil CO 2 emissions are more than 5% higher than in 2015, the year of the Paris Agreement.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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According to a new report from Pike Research, the increased production and consumption of biofuels will more than double the industry’s market value in the next decade. Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate.

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Opinion: Saudi Arabia Continues To Turn Screws On US Shale

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Saudi Arabia continues to ratchet up production, taking market share away from US shale producers. Saudi Arabia has increased production by 700,000 barrels per day since the fourth quarter of 2014 in an effort maintain market share. There is a lag between movements in the oil price and corresponding changes in production.

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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In REmap—IRENA’s global roadmap for the transition—energy demand by 2050 could be about the same as in 2015, due to significant energy efficiency improvements. Primary CO 2 emissions reduction potential by technology in the Reference Case and REmap, 2015-2050. trillion in 2015. Click to enlarge. Around US$3.5

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