article thumbnail

IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

Green Car Congress

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. As a result, global energy-related CO 2 emissions rose by 1.7% to 33 Gigatonnes (Gt) in 2018. Energy demand worldwide grew by 2.3%

2018 207
article thumbnail

Monash team proposes roadmap to renewable ammonia economy; 3 generations of technology

Green Car Congress

While there is global potential to generate renewable energy at costs already competitive with fossil fuels, a means of storing and transporting this energy at a very large scale is a roadblock to large-scale investment, development and deployment. of global greenhouse gas emissions (or about 1.4% Generation 3. MacFarlane et al.

Renewable 419
article thumbnail

Why New Production Sources of Tungsten Are Critical for Increased Global Supply

Green Car Congress

and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% New Tungsten Production Will Open the Global Supply Chain. which will benefit the overall global supply chain of tungsten for production and manufacturing.

Supplies 380
article thumbnail

Baker Institute team says fossil fuel subsidies need global reform

Green Car Congress

There is evidence that fossil fuel subsidies are socially inequitable, that they encourage smuggling and waste, and distort economies in ways that undermine economic efficiency while harming the environment and the climate,” wrote Jim Krane, the Wallace S. —“Fossil Fuel Subsidy Reform Since The Pittsburgh G20: A Lost Decade?”.

article thumbnail

Hyundai Motor and INEOS partnering on driving hydrogen economy forward

Green Car Congress

Hyundai Motor Company and INEOS signed a memorandum of understanding to explore new opportunities to accelerate the global hydrogen economy. In 2018, Hyundai Motor Group announced its mid- to long-term roadmap, Fuel Cell Vision 2030, to increase annual production of hydrogen fuel cell systems to 700,000 units by 2030.

Hyundai 329
article thumbnail

TomTom: Global traffic congestion up; Bengaluru world’s most traffic-congested city

Green Car Congress

Overall, traffic congestion has increased globally during the last decade, and the 239 cities (57%) TomTom included in the new Traffic Index report had increased congestion levels between 2018 and 2019, with only 63 cities showing measurable decreases. —Ralf-Peter Schäfer, TomTom’s VP of Traffic Information.

Global 291
article thumbnail

BloombergNEF: electrics to take 57% of global passenger car sales, 81% of municipal bus sales by 2040

Green Car Congress

BloombergNEF (BNEF) is out with an aggressive forecast that projects electric vehicles taking up 57% of the global passenger car sales by 2040—slightly higher than it forecast a year ago—and electric buses with 81% of municipal bus sales by the same date. Our conclusions are stark for fossil fuel use in road transport.

Sale 341