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Combating climate change via carbon credits | Autocar Professional

Baua Electric

In today’s world, climate change is a reality we have to contend with and among the various measures undertaken to combat it, carbon credits can prove to be an effective solution. Weaving a new framework in the climate space, carbon credits incentivize sustainable practices by assigning a financial value to reductions in GHG emissions.

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Roskill: CO2 emissions from lithium production set to triple by 2025

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With demand for lithium set to increase over the next decade, Roskill has calculated , using its in-house analysis, that CO 2 emissions from lithium production are set to triple by 2025 versus current levels and to grow by a factor of six by 2030, with the vast majority of this coming from mineral concentrate production, shipping and refining.

Emissions 459
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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. In 2021 alone, China’s CO 2 emissions rose above 11.9 billion tonnes. billion tonnes.

Emissions 370
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% Global fossil CO 2 emissions have now grown 0.6% —Glen Peters, a Research Director at the CICERO Center for International Climate Research. CO 2 emissions from natural gas use have grown a sustained 2.2%

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EIA: CO2 emissions from US power sector have declined 28% since 2005

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US electric power sector CO 2 emissions have declined 28% since 2005 because of slower electricity demand growth and changes in the mix of fuels used to generate electricity, according to the US Energy Information Administration (EIA). Source: US EIA, US Energy-Related Carbon Dioxide Emissions , 2017.

2005 414
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EIA projects US energy-related CO2 emissions to remain near current level through 2050; increased natural gas consumption

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Carbon dioxide emissions from S energy consumption will remain near current levels through 2050, according to projections in EIA’s Annual Energy Outlook 2019. USenergy-related carbon dioxide emissions and fossil fuel energy consumption. Energy-related CO 2 emissions generally follow energy consumption trends.

Gas 220
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Kobe Steel demonstrates technology that can reduce blast furnace CO2 emissions by ~20%

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(KOBELCO) has successfully demonstrated technology that can reduce CO 2 emissions from blast furnace operations by approximately 20% by combining the Midrex’ HBI technologies and the blast furnace operations of Kobe Steel. AI technology is used to predict gas flows and the temperature of the molten iron. Midrex Technologies, Inc.

Emissions 243