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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

That widens to more than a million barrels per day in both 2017 and 2018. The problem is that, unlike many other industries, resource extraction is extremely volatile, with supply responses very delayed. To be sure, there are extremely large volumes of oil sitting in storage, which will take a few years to work through.

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Pike Research forecasts surge in investment and growth in advanced biorefineries through 2022

Green Car Congress

The new research report, Industrial Biorefineries , puts the installed capacity of the current fleet of approximately 1,415 biorefineries—scattered predominately across the. —“Industrial Biorefineries”. —“Industrial Biorefineries”. United States, Brazil, and Europe—at 34.6 Earlier post.).

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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

Looking across the full year, IHS Markit is expecting a 21% decline over 2019 production volumes due to a combination of factors including COVID-19, but also the natural weakening in truck demand following unusually strong sales in 2018-19. The local industry is already recovering, with commercial vehicle plants re-opened.

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Next 10 report finds California must increase GHG reductions to 4.9%/year through 2030 to meet target

Green Car Congress

This year’s Index finds that 2018 greenhouse gas emissions—the latest year for which data are available—rose overall for the first time since 2012, driven in part by increases in the power and commercial sectors. MMTCO 2 e (+0.2%) in 2018 compared to 2017. from 2017 to 2018 due to a strong growth in real GDP.

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2020 Top 10 Countries in the Global EV Revolution

EV Sales

The only exception to this geographical intra-Europe rule was Ukraine, entering the Top 10 in 2016-2018 on the power of grassroots-driven lively market of second-hand EV imports, which seems to have stalled in 2019-2020. France’s auto industry is probably the largest Western auto industry that goes completely under the radar in the US.

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