Remove Carbon Remove Climate Remove Global
article thumbnail

Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

Some will suffer greatly from climate change, while others may even benefit. These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. —Cruz & Rossi-Hansberg.

Tax 397
article thumbnail

ArcelorMittal publishes concept for global low-carbon emissions physical steel standard

Green Car Congress

ArcelorMittal published a concept for a low-carbon emissions steel standard to help incentivize the decarbonization of steelmaking globally and support the creation of market demand for physical steel products which would be classified as lower, and ultimately near-zero, carbon emissions steel. Dual scoring system.

Standards 431
article thumbnail

BNEF: global carbon capture capacity due to rise sixfold by 2030

Green Car Congress

The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. of global emissions. The amount of CO 2 being captured today is 43 million tons, or 0.1%

Carbon 293
article thumbnail

Kia EV6 achieves product carbon footprint certification from the Carbon Trust

Green Car Congress

Kia EV6 ( earlier post )has achieved product carbon footprint certification and ‘ Carbon Measured ’ label from the global climate change and sustainability consultancy the Carbon Trust, becoming the first Korean vehicle manufacturer to achieve the certificate.

Carbon 435
article thumbnail

How serious is Norway about climate change? So much that its streetlights self-dim

emissions global warming Norway climate change carbon dioxide youtube lighting

article thumbnail

UGA study finds black carbon aerosols from GDI engines will worsen public health, climate; need for GPFs

Green Car Congress

The gasoline direct injection (GDI) engine is one of the most prominent technologies car manufacturers adopted to achieve the fuel economy and carbon dioxide emission goals established in 2012 by the US Environmental Protection Agency. A strong absorber of solar radiation, black carbon exhibits significant climate warming properties.

Climate 348
article thumbnail

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

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.

Oil 259