Remove China Remove Coal Remove International Remove Oil
article thumbnail

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

Coal 243
article thumbnail

IEA: global oil demand to decline in 2020 as coronavirus weighs on markets

Green Car Congress

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the world, constricting travel and broader economic activity, according to the International Energy Agency’s (IEA’s) latest oil market forecast. The IEA now sees global oil demand at 99.9

Oil 300
article thumbnail

Researchers in China investigate use of coal as source of lithium

Green Car Congress

Coal could become a major source of the metal lithium, according to a review of the geochemistry by scientists from Hebei University of Engineering in China published in the International Journal of Oil, Gas and Coal Technology. The investigation into lithium recovery from coal ash is still at a laboratory scale.

Coal 150
article thumbnail

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

Green Car Congress

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. —Glen Peters, a Research Director at the CICERO Center for International Climate Research. CO 2 emissions from coal use are expected to grow 1.0% [0.2% CO 2 emissions from oil use are expected to grow 2.2% [0.9%

Global 221
article thumbnail

BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

Green Car Congress

Oil remains the world’s leading fuel, but its 33.1% Coal’s market share of 30.3% China alone accounted for 71% of energy consumption growth. These shocks pushed energy prices higher in much of the world, with oil prices reaching a record annual average of more than $100 per barrel (bbl) for the first time. Source: BP.

Coal 261
article thumbnail

Tsinghua University provincial-level lifecycle study finds fuel-cycle criteria pollutants of EVs in China could be up to 5x those of natural gas vehicles due to China’s coal-dominant power mix

Green Car Congress

In regions where the share of coal-based electricity is relatively low, EVs can achieve substantial GHG reduction, the team reports in a paper in the ACS journal Environmental Science & Technology. According to the 12 th Five-Year Plan of the China Coal Industry (2011? While the increases in PM 10 and PM 2.5

Coal 231
article thumbnail

Wison signs long-term cooperation agreement with Foster Wheeler and Clariant on SNG pilot plant in China; coal or coke to methane

Green Car Congress

China’s largest private chemical engineering, procurement and construction (EPC) contractor, has signed a cooperation agreement with a subsidiary in Foster Wheeler’s Global Engineering and Construction Group and Clariant International AG to build a pilot plant to demonstrate Foster Wheeler’s VESTA substitute natural gas (SNG) technology.

Coal 186