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Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

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in 2019 based on preliminary energy and economic data. This decline was due almost entirely to a drop in coal consumption. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. All told, net US GHG emissions ended 2019 slightly higher than at the end of 2016. Coal-driven decline.

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3.8% drop in EU’s greenhouse gas emissions in 2019; transport emissions rise

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in 2019, according to latest official data published by the European Environment Agency (EEA). The large decline in emissions, achieved before the COVID-19 crisis, was mainly due to reduced coal use for power generation. from 2018 to 2019. from 2018 to 2019. This decrease brought EU emissions to 24.0%

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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

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million barrels per day set in 2019. Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). The Henry Hub natural gas price will average $8.59 million barrels per day this year and 12.8

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EIA forecasts US fossil fuel production to reach new highs in 2023

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After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil, and coal) increased by 2% in 2021 to 77.14 Crude oil accounted for 30%, coal for 15%, and natural gas plant liquids (NGPLs) for 9%. In 2020, US coal production had fallen to its lowest level since 1964.

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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. Change in CO 2 emissions by fossil fuel, relative to 2019 levels, 2019-2021. In 2021 alone, China’s CO 2 emissions rose above 11.9

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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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EIA’s annual Summer Fuels Outlook, released today with EIA’s Short-Term Energy Outlook (STEO), expects a 15% increase in US highway travel this summer but still less highway travel than in the summer of 2019. EIA expects the retail price of regular-grade gasoline in the United States will average $2.78 gal last summer. gal on 22 March.

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IEF, IHS Markit: deepening underinvestment in hydrocarbons raises specter of continued price shocks and volatility

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Underinvestment in oil and gas development extended into a second year in 2021 even as global energy demand rebounded, raising the prospect of price shocks, scarcity and growing energy poverty, according to a new report by the International Energy Forum (IEF) and IHS Markit. Investment slumped by 30% in 2020.

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