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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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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Without a bold change of policy direction, the IEA warned at the launch, the world will lock itself into an insecure, inefficient and high-carbon energy system. The largest increase in oil production comes from Iraq, followed by Saudi Arabia, Brazil, Kazakhstan and Canada. —WEO 2011. —WEO 2011.

Oil 247