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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. —IEA Executive Director Fatih Birol.

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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

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In contrast to 2022 when the OECD led the expansion, non-OECD economies are set to account for nearly 80% of growth next year. Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6 Following nearly two years of declines, observed global oil inventories increased by 77 mb in April. mb below the 2017-2021 average.

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ICCT provides policy update on proposed China Phase 4 fuel economy regulations

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Comparison of global passenger vehicle fuel consumption standards normalized to NEDC L/100km. The proposal was published on 21 January 2014 by the Chinese Ministry of Industry and Information Technology (MIIT). The multiplier is set at 5 in 2016–2017, falling to 3 in 2018–2019, and then to 2 in 2020. Source: ICCT.

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Volkswagen Group returns to profitability with new record for sales revenue and operating result in 2016

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Profit attributable to the Chinese joint ventures was down slightly in the reporting period, as expected. The business of the Chinese joint ventures is not included in the Group’s sales revenue and operating profit because it is accounted for in the financial result using the equity method. in 2017.

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Bosch overview of global diesel markets; optimistic about US, China

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Bosch, a leading supplier of technology for diesel engines, recently provided an overview of trends it sees in the diesel engine marketplace globally. In 2012, India accounted for 15% of the global market for diesel passenger cars, the second-largest market after Europe. Brazil: no diesel in passenger cars.

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Ford researchers: global light-duty CO2 regulatory targets broadly consistent with 450 ppm stabilization

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In the study, the Ford team derived regional CO 2 targets for new LDVs while still providing an integrated view of the global LDV fleet—a perspective critical to the planning needs for global automotive firms. They assumed that all sectors of the economy follow the same proportional reduction.

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Waste-to-biofuels company Enerkem raises C$280M, its largest financing round

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In November 2017, Enerkem received approval from the US Environmental Protection Agency (EPA) to sell cellulosic ethanol produced at its Edmonton facility under the US Renewable Fuels Standard (RFS). BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries.

Waste 199