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Study estimates California’s GHG reductions since 2003 could be wiped out by 2020 wildfires

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In an open-access report in the journal Environmental Pollution , researchers from UCLA and the University of Chicago estimate that California’s wildfire carbon dioxide equivalent (CO 2 e) emissions from 2020 (~127 mmt CO 2 e ) are approximately two times higher than California’s total greenhouse gas (GHG) emission reductions since 2003.

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BNEF: global investment in low-carbon energy transition hit $755B in 2021; up 27% from 2020; electrified transport grew the fastest

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In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). from the year prior.

Carbon 418
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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

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Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Lithium carbonate is forecast to trade near its high. Lithium is expected to trade at 484,185.00 by the end of this quarter. Earlier post.). Source: Trading Economics.

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IEA: global carbon dioxide emissions have rebounded strongly

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The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. China was the only major economy that grew in 2020.

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Adamas: Tesla consumed more lithium than next four EV makers combined in 2020

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In 2020, Tesla deployed 18,700 tonnes of LCE onto roads globally in the batteries of its newly sold passenger EVs, more than the next four EV makers (BYD, VW, Renault and Audi) combined, according to data from Adamas Intelligence’s EV Battery Capacity and Battery Metals Tracker. Lithium Hydroxide leads but Lithium Carbonate making inroads.

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Report: CCS capacity increased 33% in 2020

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Findings released by international think tank the Global CCS Institute show that the total capacity of carbon capture and storage (CCS) facilities operating and under development grew by 33% world-wide over the last year. Source: 2020 Global Status on CCS. 2020 saw increased ambition and support for CCS in Europe as well.

2020 332
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bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

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bp released the 70 th annual edition of the bp Statistical Review of World Energy ; the data collected in this year’s edition includes energy data for 2020. in 2020—the largest annual decline since 1945. Carbon emissions from energy use fell by more than 6% in 2020, the largest decline since 1945. million b/d).

2020 397