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Cirium: 21 years of airline passenger traffic growth wiped out in 2020

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In comparison to last year, passenger traffic is estimated to be down 67% in 2020. million flights in 2019, while international flights suffered an even more precipitous drop as they were 68% below the 11.7 Aircraft leasing will push past 50% becoming the major manner in which aircraft are financed. million flights to just 16.8

2020 269
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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. KPMG developed 3 nexuses linked by climate change to represent the challenges of sustainable growth. Source: KPMG. Click to enlarge.

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Study recommends $10B/year US federal investment in energy RD&D and a substantial price on carbon emissions; leveraging the national labs and encouraging the private sector for a clean energy future

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The remainder of the funding should go to other areas, including Basic Energy Sciences, the report by the team from the Belfer Center for Science and International Affairs suggests. Expanding and coordinating international energy innovation cooperation to bring ideas and resources together across the globe to address these global challenges.

Energy 231
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. Click to enlarge. Biofuels make the biggest such contribution, as use grows from 1.3

Oil 247