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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Earlier post.). A proposal for existing plants is due in 2014, with targeted file rule in 2015.

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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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The California Air Resources Board released GHG emissions data for 2018 showing that emissions remain below 1990 levels but are effectively flat compared to 2017, while the economy grew by 4.3%. Total statewide 2018 GHG emissions were 425.3 million metric tons between 2017 and 2018, the first such decline since 2013.

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EEA: 3/4 of EU urban population exposed to toxic air as governments fail to cut emissions

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Almost every EU member state in 2018 exceeded air pollution limits recommended by the World Health Organization (WHO). They know what needs to be done to improve air quality: cleaner energy and industrial production, greener and smarter transport, and sustainable farming.

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US, Canada, Japan, Netherlands, and EC launch new hydrogen initiative

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The new Hydrogen Initiative will focus on how hydrogen can contribute to cleaner energy systems, while promoting sustainability, resiliency and energy security. Initial work carried out through the initiative will focus on three different areas: Helping to ensure successful deployment of hydrogen within current industrial applications.

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ICCT assesses impact of EV battery manufacturing life-cycle emissions debt; policy implications

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—Hall and Lutsey (2018). Hall and Lutsey 2018. Among the general findings from the analysis: Electric cars are much cleaner than internal combustion engine cars over their lifetime. Dale Hall and Nic Lutsey (2018) “ Effects of battery manufacturing on electric vehicle life-cycle greenhouse gas emissions”.

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Rio Tinto, China Baowu, Tsinghua U sign MOU to explore improving environmental performance across steel value chain

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The working group will establish a joint action plan on how to best utilize the parties’ complementary strengths in research and development, technologies, processes, equipment, logistics, industry coordination and policy advisory capacities to combat climate change and improve environmental performance.

China 170