Remove Asia Remove Coal Remove Global Remove Resource
article thumbnail

Study finds methane emissions from coal mines ~50% higher than previously thought

Green Car Congress

The amount of methane released into the atmosphere as a result of coal mining is likely approximately 50% higher than previously estimated, according to research presented at the recent annual meeting of the American Geophysical Union. The authors point out that less coal production doesn’t translate to less methane.

Coal 321
article thumbnail

EIA projects increases in global energy consumption and emissions through 2050

Green Car Congress

In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —EIA Acting Administrator Stephen Nalley.

Global 259
article thumbnail

BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

Green Car Congress

The global net zero transition can represent a $3.5-trillion Today, coal-fired plants meet more than 60% of Indonesia’s power demand. Under the ETS, coal’s share rises to a peak of 74% by 2027 and then declines to 24% in 2050. —Caroline Chua, BNEF’s Southeast Asia clean power lead analyst. trillion under the NZS.

Indonesia 195
article thumbnail

BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

Gas 243
article thumbnail

New analysis finds Asia produces twice as much mercury emissions as previously thought

Green Car Congress

New analysis by an international team led by MIT researchers shows that Asia now releases a surprisingly large amount of anthropogenic mercury. Such models estimate mercury emissions for a region by considering factors such as the amount of coal burned in a power plant and the types of equipment in a plant used to control emissions.

Mercury 150
article thumbnail

ExxonMobil projects natural gas will overtake coal as second most widely used source of energy by 2025

Green Car Congress

By 2025, ExxonMobil predicts natural gas will overtake coal to become the second most widely used source of energy worldwide. This historic shift of global energy markets toward increased use of natural gas will create new opportunities for economic growth and environmental progress, said Rex W. —Rex Tillerson.

Coal 244
article thumbnail

SK E&S, SK Plug Hyverse partner with Korea South-East Power for green hydrogen & green ammonia production

Green Car Congress

SK E&S and SK Plug Hyverse—a joint venture (JV) formed in January of this year by SK E&S and Plug Power—will work with Korea Southeast Power Generation (KOEN) to cooperate with green hydrogen and green ammonia projects based on renewable energy resources in Korea and abroad. million tons in 2030 and 27.9

Green 284