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

Green Car Congress

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. The decline in 2020 of -5.2% to 0.6%], potentially only the third such decline since 1990 (the others in 2009 and 2020). CO 2 emissions from coal use are expected to grow 1.0% [0.2% increase in 2021.

Global 221
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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

The increase in fuel consumption we are forecasting for the summer driving season is a reflection of optimism about the US economy as COVID-19 vaccinations and fiscal stimulus support continued recovery. million b/d from March 2020. million b/d from 2020. MMBtu in 2020 to $3.31/MMBtu gal last summer. million b/d.

2019 186
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PwC industry survey provides check-up on determining factors for EV success

Green Car Congress

This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs. Respondents predict that coal will remain the primary energy source for EVs in 2020 (28.9%), followed by Fossil fuel/oil (21.4%). Nearly 68.8%

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

In France, renewable energy consumption will be 20 percent by 2020. In Germany, renewable electricity generation will be 35 percent by 2020, and 50 percent by 2050. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon. Source: EIA. Source: EIA.

Renewable 220
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IEA: global carbon dioxide emissions have rebounded strongly

Green Car Congress

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.

Emissions 433
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Cap and Trade Disappointment.

Financing 150
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The Solangelist’s Vision Shines Brighter

Creative Greenius

And just like Woody, I’d like to sing you a song about a better way… My friends, with greenhouse gas emissions already in the danger zone, we needed to stop burning Killer Coal yesterday. Seems like a perfect use for some stimulus money, don’t it? Oh yeah - none of has any money.