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IRENA report says tripling renewables investment required to reach 2050 climate goal

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Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

Climate 349
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Neste: use of our renewable fuels reduced global climate emissions by 8.3 million tons in 2017

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Replacing fossil fuels with Neste’s renewable fuels reduced global climate emissions altogether by a 8.3 billion kilograms—in 2017, according to calculations made by the company. The figure also represents Neste’s positive climate contribution. million metric tons—8.3 million tons from 2016.

Renewable 150
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EPA: US GHG emissions in 2017 down 0.3% from 2016

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In 2017, total gross U.S. greenhouse gas emissions were 6,472.3 The decrease in total greenhouse gas emissions between 2016 and 2017 was driven in part by a decrease in CO 2 emissions from fossil fuel combustion. Relative to the 1990 baseline, gross emissions in 2017 were higher by 1.6%, down from a high of 15.7%

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California 2017 GHG inventory shows 1.2% total drop from 2016; transportation sector emissions up 1%

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The California Air Resources Board’s latest state inventory of greenhouse gas emissions shows that California’s GHG emissions continue to decrease. Trends in California GHG Emissions. Changes in emissions by Scoping Plan sector between 2000 and 2017. MMTCO 2 e (6%) from 2013 to 2017. Source: ARB.

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EIA: CO2 emissions from US power sector have declined 28% since 2005

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US electric power sector CO 2 emissions have declined 28% since 2005 because of slower electricity demand growth and changes in the mix of fuels used to generate electricity, according to the US Energy Information Administration (EIA). Source: US EIA, US Energy-Related Carbon Dioxide Emissions , 2017.

2005 414
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Latest GHG Inventory shows California remains below 2020 emissions target; much steeper rate of GHG reductions required

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California’s latest greenhouse gas data shows that while the state continues to stay below its 2020 target for emissions, there is much more work to do to achieve carbon neutrality by 2045. California statewide GHG emissions dropped below the 2020 GHG Limit in 2016 and have remained below the 2020 GHG Limit since then.

2020 221
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EEA: rising energy consumption, particularly in transport, slows EU progress on renewables and energy efficiency targets

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Progress on increasing the use of renewable energy and improving energy efficiency is slowing across the European Union, putting at risk the EU’s ability to achieve its energy and emissions reduction targets. EU progress towards 2020 and 2030 targets on climate and energy. Progress on renewables.

Renewable 220