Green Car Congress
MARCH 6, 2019
Although Germany, the UK, US, Canada and Ukraine are phasing out domestic coal production capacity, expansion of production capacity in countries such as India and Indonesia is predicted to generate modest annual growth of 1.3% in coal production over the next four years, with output reaching 7.6 Mt in 2018. to 7,188.8
Green Car Congress
MAY 14, 2019
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. Global energy investment totalled more than US$1.8
Green Car Congress
MARCH 26, 2019
last year, its fastest pace this decade, an exceptional performance driven by a robust global economy and stronger heating and cooling needs in some regions, according to the IEA. Still, that was not fast enough to meet higher electricity demand around the world that also drove up coal use. to 33 Gigatonnes (Gt) in 2018.
Green Car Congress
NOVEMBER 26, 2019
New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. thousand terawatt-hours in 2018, up from 6.4
Green Car Congress
OCTOBER 23, 2020
Their paper tracks fossil fuel usage and government subsidies since the the 2009 G20 summit, during which representatives from 20 countries discussed global financial and socioeconomic issues and agreed to “phase out and rationalize over the medium term inefficient fossil fuel subsidies.”. Source: Baker Institute.
Green Car Congress
DECEMBER 5, 2019
Driven by rising natural gas and oil consumption, levels of CO 2 are expected to hit 37 billion metric tons this year, according to new estimates from the Global Carbon Project (GCP), an initiative led by Stanford University scientist Rob Jackson. over 2018 emissions. In 2019, consumption of coal is expected to drop 11% in the U.S.
Green Car Congress
JUNE 19, 2018
The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. —Seb Henbest, head of Europe, Middle East and Africa for BNEF and lead author of NEO 2018. NEO 2018 sees $11.5 trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4
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