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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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IEA: Electric vehicles posted strong gains in 2016; 2M now in global parc

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With more than 750,000 units sold over the year, the number of electric vehicles in the global parc—primarily Battery Electric Vehicles (BEVs) and Plug-in Hybrid Electric Vehicles (PHEVs)—surpassed 2 million units in 2016, following a year of strong growth in 2015, according to the International Energy Agency’s Global EV Outlook 2017.

2016 186
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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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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
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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 in 2017.

Brazil 218
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Plus raises $200M in new funding to advance global commercialization of its automated trucks

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Plus (formerly Plus.ai), a provider of self-driving truck technology, completed a $200-million round of funding led by new investors Guotai Junan International, CPE, and Wanxiang International Investment. Plus plans to use the new funds to accelerate the global commercialization and deployment of its automated trucking system.

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New report finds global CO2 vehicle emission reduction measures falter; dropping diesels, increasing SUVs

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Vehicle fuel economy improvements have slowed globally, according to the latest report from the Global Fuel Economy Initiative (GFEI): Fuel Economy In Major Car Markets: Technology And Policy Drivers 2005-2017. Overall, global fuel economy has improved by an average of 1.7% in the past two years.

Global 308