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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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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. billion tonnes.

Emissions 370
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Stanford study finds current carbon capture technology inefficient & increases air pollution

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Even if you have 100 percent capture from the capture equipment, it is still worse, from a social cost perspective, than replacing a coal or gas plant with a wind farm because carbon capture never reduces air pollution and always has a capture equipment cost. In both plants, natural gas turbines power the equipment.

Pollution 271
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

Gas 243
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Study concludes abundant shale gas is neither climate hero nor villain; need for targeted GHG reduction policy

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While natural gas can reduce greenhouse emissions when it is substituted for higher-emission energy sources, abundant shale gas is not likely to substantially alter total emissions without policies targeted at greenhouse gas reduction, according to a new study by two researchers at Duke University. —Newell and Raimi.

Climate 199
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Why EVs Aren't a Climate Change Panacea

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Electric cars will not save the climate. This is not to imply in any way that electric vehicles are worthless. Transportation accounts for only 27 percent of greenhouse gas emissions (GHG) in the U.S.; It is completely wrong,” Fatih Birol , Executive Director of the International Energy Agency (IEA), has stated.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. Coal emerges as the biggest loser in the long run.

Wind 220
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IEA: governments must act to ensure sufficient supply of critical minerals to meet net-zero goals

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A typical electric car requires six times the mineral inputs of a conventional car, and an onshore wind plant requires nine times more mineral resources than a similarly sized gas-fired power plant. However, in climate-driven scenarios, these positions are reversed well before 2040. Source: IEA. Source: IEA.

Supplies 248