article thumbnail

Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. —Glen Peters, a Research Director at the CICERO Center for International Climate Research. Tilbrook, B., Tsujino, H., Walker, A.

Global 221
article thumbnail

ITF: worldwide transport activity to double by 2050, emissions to rise 16% compared to 2015

Green Car Congress

Emissions would exceed transport’s carbon budget more than three times. This would require: Putting in place ambitious low-carbon policies now; Reinforcing positive behavioral changes caused by the pandemic; and. Gearing stimulus packages towards decarbonization. The scenarios are: Recover.

article thumbnail

ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

Green Car Congress

The mean cost of cost of climate change for the four countries—Indonesia, Philippines, Thailand, and Viet Nam—under a “business-as-usual” scenario and if market and non-market impacts and catastrophic risks are all considered could be equivalent to losing 6.7%

article thumbnail

Mayor DiVirgilio: “Why Hermosa Beach is Going Carbon Neutral”

Creative Greenius

Hermosa Beach Mayor, Michael DiVirgilio, speaking on behalf of 350 at the International Day of Climate Action last October. Hermosa Beach Mayor, Michael DiVirgilio, has on Op Ed piece in today’s Daily Breeze on why he is leading his city to a carbon neutral future.

Carbon 170
article thumbnail

Report: total investment of $8.1T in nature required over next 3 decades; tripling current investments needed by 2030

Green Car Congress

of projected economic stimulus spending. In climate finance, private sector investment accounts for most capital flows (56% according to the Climate Policy Initiative). —“State of Finance for Nature”. The report says that structural transformations are needed to close the US$4.1-trillion

Financing 296
article thumbnail

LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

Green Car Congress

It also calls on the G7 to “ make a collective commitment to double climate finance ” and to lead on ensuring that the rich countries “ deliver on and go beyond ” their commitment to mobilise $100 billion per year by 2020 from public and private sources to support developing countries in tackling climate change.

Global 170
article thumbnail

Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

The study finds that while great uncertainty remains about the speed and strength of the world’s recovery from COVID, the current state of government climate policies and technology innovation are unlikely to reduce global oil demand fast enough to help the world keep within a 1.5°C C temperature rise along the net zero carbon trajectory.

Oil 259