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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% Turmoil in energy markets.

Global 221
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GM secures all energy needed to achieve renewable energy goal for 2025; 25 years ahead of target set in 2016

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This is in line with the accelerated target announced in September 2021, which was 5 years ahead of the 2030 target announced in early 2021 and 25 years ahead of the initial target of 2050, set in 2016. GM supports policies that enable a carbon-free, resilient power system.

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Jato Dynamics: global auto sales up 5.6% in 2016, SUVs continue to surge

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Global automotive industry sales rose 5.6% in 2016 to 84.24 Declines in Japan, Russia and Brazil were offset by strong results in China and Europe, said Felipe Munoz, JATO’s Global Analyst. Global demand for SUVs continued, with significant sales increases in the segment across South East Asia, Europe and China.

2016 150
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IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

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Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. With global demand expected to grow by 1.2

Oil 150
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Protean Electric enters new partnership with Dongfeng Motor to advance market adoption of in-wheel motor technology

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The DFM Technical Center and WFDT partnership that will combine DFM’s expertise in distributed drive technology and Weifu’s industrialized manufacturing capability to advance production applications of Dongfeng’s Any-Drive technology, powered by ProteanDrive. —Andrew Whitehead, CEO of Protean Electric.

Motor 259
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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d by 2023 to 104.7

Brazil 218
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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. Global emissions from the energy sector stood at 32.1 The data signal a continuing decoupling of emissions and economic activity.

Economy 199