Remove Climate Change Remove Coal Remove Cost Of Remove India
article thumbnail

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

Green Car Congress

billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. Coal accounted for over 40% of the overall growth in global CO 2 emissions in 2021, reaching an all-time high of 15.3 billion tonnes.

Emissions 370
article thumbnail

OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

Green Car Congress

These changes mainly result from fuel tax reforms in China, India and Mexico, the report said. In the non-road sectors, which collectively account for 95% of carbon emissions from energy use, 81% of emissions are untaxed, and rates are below a truly low-end estimate of climate costs of EUR 30 per tCO 2 for 97% of emissions.

article thumbnail

Seattle City Council passes resolution opposing transportation of coal through Seattle for export, measures for mitigating impact

Green Car Congress

The Seattle City Council unanimously passed Resolution 31379 stating Seattle’s opposition to the transportation of coal through Seattle. There are currently four coal exports under permit review in the Northwest that collectively could increase US coal exports by 150 million tons of coal annually.

Seattle 260
article thumbnail

Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh kWh average cost of electricity in the United States and globally. Of course, the largest solar demands will be coming from China and India.

Solar 246
article thumbnail

IEA: carbon intensity of global energy supply has barely changed in last 20 years; “window of opportunity in transport”

Green Car Congress

The IEA said that this reflects the continued domination of fossil fuels—particularly coal—in the energy mix and the slow uptake of other, lower-carbon supply technologies. The costs of most clean energy technologies fell more rapidly than anticipated. Coal technologies continue to dominate growth in power generation.

Carbon 265
article thumbnail

Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

“ One Agreement, Two Steps ” Expectations for Copenhagen quickly became complicated after Danish Prime Minister Lars Løkke Rasmussen boarded an overnight flight to Singapore to address an impromptu breakfast forum on climate change at the Asia Pacific Economic Co-operation (APEC) summit on 15 November. by Jack Rosebro.

Climate 236
article thumbnail

Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

Green Car Congress

The technology group Wärtsilä has issued a report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, describing the environmental and economic opportunities for states that decarbonize rapidly. coal and gas), significantly reducing the overall levelised cost of electricity.

Renewable 399