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IIASA: removing fossil fuel subsidies will not reduce CO2 emissions as much as hoped

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Fossil fuel subsidies amount to hundreds of billions of dollars worldwide, and removing them has been held up as a key answer to climate change mitigation. However, the study found that the growth of CO 2 emissions by 2030 would only be 1-5% lower than if subsidies had been maintained, regardless of whether oil prices are low or high.

Emissions 186
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Perspective: Government Leadership Needed for Electric Vehicles to Succeed

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That’s where government comes in.only the government can help influence [change] by having a price for carbon and technical incentives. ”. Mr. Immelt’s point is that the spike in oil prices to $147/barrel in 2008 is not enough on its own to get automakers to make electric vehicles.

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Refiners and Truckers Associations Challenge California LCFS in Federal Court

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It will protect us from volatile oil prices and provide consumers with cleaner fuels and provide the nation with greater energy security. Tags: Climate Change Fuels Policy. In response to the lawsuit, Mary Nichols, CARB chairman, issued the following statement: Their actions are shameful. LCFS Complaint.

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Researchers Suggest That Although CCS and Other Technologies Could Reduce Oil Sands GHG Emissions to Near Zero, That Strategy May Not Make Sense

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Nor does this estimate include the use of transportation fuels in vehicles, which occurs throughout North America (NA); approximately two-thirds of oil sands products end up in the US. All told, they wrote, the well-to-wheel (WTW) emissions of oil sands products constitute roughly 2% of total emissions in Canada and the US.

Oil-Sands 225
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Pike Research forecasts global biofuels market value to double to $185B by 2021

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between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Pike projects that the Americas will account for 71% of global biofuels production. The report identifies a number of key trends, including: Oil prices are expected to climb over the next decade, driving increased interest in.

Global 225
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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

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Non-OPEC supply is projected to increase by 600,000 bbl/d in 2010, about 50,000 bbl/d more than last month's Outlook, because of a revised forecast for production in North America. The forecast has the annual average regular grade retail gasoline price increasing from $2.35 per gallon in 2009 to $2.84 in 2010 and to $2.96

2008 186
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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. tonnes per capita, despite a decline due to the recession in 2008-2009, high oil prices and an increased share of natural gas. tonnes per capita. the United States (16%).

2011 236