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Global warming emissions hit record level in 2018, IEA reports

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The International Energy Agency reported on Tuesday that global warming emissions reached a record level in 2018, despite efforts in the U.S., Greenhouse gas emissions increased faster in 2018 than during any of the past six years. Europe, and China to reduce emissions with more sales of electric cars and cleaner power.

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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. Global energy investment totalled more than US$1.8

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Baker Institute team says fossil fuel subsidies need global reform

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Fossil fuels still receive most of the international government support provided to the energy sector despite their “well-known environmental and public health damage,” according to new research from Rice University’s Baker Institute for Public Policy. Costs ranged from a low of 0.3% Subsidies remained sticky outside the G20 as well.

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Global study shows uneven urbanization among large cities in the last two decades

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According to the latest report from the United Nations (UN), the global population in 2018 was 7.6 By 2050, the global population is expected to soar to 9.7 The country had undergone the biggest urban expansion in the period, between 2001 and 2018, its BUA increase accounted for 47.5% New York in US, Tokyo in Japan).

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GlobalData: Government mandates and infrastructure investments to fuel EV growth globally

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Global EV sales reached 7.7 million units in 2018, and are anticipated to reach 51.6 Being an early adopter of EVs, China has numerous local and international companies offering a range of EV models. The Asia-Pacific (APAC) region is leading the EV market in terms of annual sales globally, followed by Europe and the Americas.

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

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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%

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Eni report: global oil reserves and oil production up in 2018 due to US

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In 2018, global oil reserves rose slightly (+0.4%), mainly due to growth in the US. 2018 recorded an overall growth in oil production of 2.5 2018 recorded an overall growth in oil production of 2.5 The US also broke into the international crude trade, doubling export volumes and entering that top ten ranking.