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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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Previous models have treated oil producers’ carbon footprint as if all barrels of oil are exactly the same, but with novel extraction technologies there is a great deal of variability in the global oil supply. It’s complex, and it’s not linear. Our model takes that into consideration. —Mohammad Masnadi.

Oil 305
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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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CO 2 per capita emissions from fossil fuel use and cement production from the top 5 emitting regions. Global emissions of CO 2 increased by 3% last year, according to the annual report “Trends in global CO 2 emissions”, released by the EC Joint Research Centre (JRC) and the Netherlands Environmental Assessment Agency (PBL).

2011 236
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IIASA: removing fossil fuel subsidies will not reduce CO2 emissions as much as hoped

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Removing fossil fuel subsidies would have only a small effect on CO 2 emissions and renewable energy use, according to a new study led by the International Institute for Applied Systems Analysis (IIASA) and published in the journal Nature. First, these subsidies generally apply only to oil, gas, and electricity. This equates to 0.5-2

Emissions 186
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State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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The document is a detailed draft technical review of potential environmental impacts associated with the segment of the pipeline in the US, including: impacts from construction, impacts from potential spills, impacts related to climate change, and economic impacts. What Keystone XL would carry. Greenhouse gas LCA analysis.

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CFR Report Says Energy Security and Climate Change Concerns With Oil Sands Can be Reconciled

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A new report from the Council on Foreign Relations (CFR)— The Canadian Oil Sands: Energy Security vs Climate Change — claims that prudent greenhouse gas regulations can limit emissions from Canadian oil sands while still enabling robust development of the energy resource. Levi, CFR’s David M.

Oil-Sands 150
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BP Energy Outlook 2030 sees emerging economies leading energy growth to 2030; global CO2 emissions from energy well above IEA 450 scenario

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In both the base-case and a scenario with more aggressive environmental policies, CO 2 emissions from energy use remain well above the IEA 450 scenario. However, both cases result in global CO 2 emissions well above the IEA 450 scenario—a back-cast which illustrates what is required to stabilize greenhouse gas concentrations at 450 ppm.

Energy 210
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Annual Increase in Global CO2 Emissions Halved in 2008; Decrease in Fossil Oil Consumption, Increase in Renewables Share

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Global CO 2 emissions from fuel use and cement production by region. Emissions increased by 1.7% Global CO2 emissions increased from 15.3 Fossil oil consumption decreased by one per cent, due to high prices and more biofuels. percentage points to the global decrease. Source: PBL.

2008 170