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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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EIA projects that world oil consumption will grow by 1.5 This growth is the result of an expected recovery in the global economy, with world gross domestic product (GDP, on an oil-weighted basis) assumed to rise by more than 3 percent per year. US crude oil production averaged 5.32 million barrels per day (bbl/d) in 2010 and 1.6

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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” Their analysis is in the context of the “ surprising [oil] demand strength of 2010 “; 2010 saw absolute incremental demand at around 2.2mb/d of growth—the second highest in 30 years, despite oil prices in the $90/bbl region. Click to enlarge. He also believes that sub-1.6L

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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The overarching objective of the study is to analyze the scale and scope of investments in low-carbon technologies in power generation, transport, buildings and industry (including heating and cooling) that are needed to facilitate such a transition in a cost-effective manner, while also working towards other policy goals. Click to enlarge.

Renewable 199
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” M barrels/day of oil within the next 10 years ”. Dr. Paul still sees significant growth in the developing world. Billion vs. $28.3

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

from its reliance on imported oil. Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. In July, itopened an assembly line in Japan to build its FCX Clarity. customers $600 a month to lease.Honda hasn’t revealed its production price.

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Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

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Their company, Farmers’ Ethanol , plans to combine energy and food production within the same facility and by doing so create a business that can survive the wild fluctuations in commodity prices that plague today’s corn ethanol business. The Farmers’ team is confident they can maintain a high EBITDA even with high commodity prices.

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Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

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Oil and gas : ENI Refining and Marketing, Galp Energia, OMV Refining and Marketing GmbH, Shell Downstream Services International B.V., Electric vehicles (BEVs, FCEVs and PHEVs in electric drive) can be fuelled by a wide variety of primary energy sources, thereby reducing oil dependency and enhancing security of energy supply.

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