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

Green Car Congress

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.

2019 186
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Argus: China’s Southern Rare Earth ups Tb, Ho, Gd, Dy prices; rising magnet demand

Green Car Congress

Chinese medium and heavy rare earths producer Southern Rare Earth has continued to raise its weekly prices for terbium, holmium, gadolinium and dysprosium, supported by a shortage of spot supplies and firmer magnet demand, according to Argus. Prices for 99.5% The range for 99.5%

Price 170
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IEA: global carbon dioxide emissions have rebounded strongly

Green Car Congress

After hitting a low in April, global emissions rebounded strongly and rose above 2019 levels in December. If governments don’t move quickly with the right energy policies, this could put at risk the world’s historic opportunity to make 2019 the definitive peak in global emissions. China was the only major economy that grew in 2020.

Emissions 433
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

During the Global Financial Crisis in 2008/9, the COVID19 pandemic, and now the Ukrainian War, economic stimulus packages were meant to put the world on a cleaner and greener path, but this is not at all evident in the CO 2 emissions data. in emissions from natural gas because of higher global prices. Projections are for a 3.5%

Global 221
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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 million units, in the wake of the COVID-19 pandemic. The relative strength of the March data compared to February suggests many plants may be online near full capacity again.

2020 191
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Chipping away at the ICE

Electric Auto Association

For example, when a historic downtown area is undergoing a revitalization, I make sure it’s widely known that EV charging stations bring more tourism to town and provide economic stimulus. Until October 2019, the only thing missing at these shows was electric cars. It takes 4 hours to charge my EV. In a way, they’re still missing.

Texas 71
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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

His analysis found that the programme is paying nearly 10 times the projected price of carbon credits per ton in the best-case scenario. According to Knittel the results suggest that the programme is an expensive way to reduce carbon, although he does state that it is possible the stimulus benefits outweigh added environmental costs.