Remove Argentina Remove Climate Remove Emissions Remove Russia
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US, China, and G-20 agree to work to global phase down of HFCs

Green Car Congress

The US reached separate agreements with the G-20 and with China to address the rapid growth in the use and release of climate-damaging hydrofluorocarbons (HFCs). Left unabated, HFC emissions could grow to nearly 20% of carbon dioxide emissions by 2050, a serious climate mitigation concern.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015. As a result, IHS Automotive is expecting 2015 sales in Argentina of roughly 500,000 units.

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. This reform will not apply to our support for clean energy, renewables, and technologies that dramatically reduce greenhouse gas emissions.

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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

Green Car Congress

The low annual rate of global reduction of carbon emissions per unit of GDP needed to limit global warming to 2 °C—based on the probability assessments of the UN IPCC—is insufficient to achieve that goal, according to the latest Low Carbon Economy Index published by business consultancy PwC. per year through 2050.