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Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.

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Global energy and climate leaders: Strengthening clean energy technology

Innovation News Network

The International Energy Agency is co-hosting a meeting this week – 12 to 13 July 2022 – at the Sydney Energy Forum, to discuss strengthening clean energy technology supply chains with global energy and climate leaders.

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Hyundai Motor Group affiliates to join Climate Group’s RE100, aim to expand renewable energy use

Green Car Congress

Hyundai Motor Group (the Group) announced that five key affiliate companies, including Hyundai Motor Company and Kia Corporation, will join Climate Group’s RE100 , a global initiative committed to moving toward 100% renewable energy. Hyundai Motor and Kia, along with Hyundai Mobis Co., Hyundai Wia and Hyundai Transys Inc.,

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The energy transition in hot and arid countries is vital for global climate targets

Innovation News Network

Dr Gonzalo Castro de la Mata, Executive Director at the Earthna Center for a Sustainable Future at the Qatar Foundation, explains that the energy transition in hot and arid countries is a pressing matter if global net zero goals are to be met.

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IRENA report says tripling renewables investment required to reach 2050 climate goal

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Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

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What’s needed to solve the global climate crisis?

Innovation News Network

American Diversified Enterprises discusses the key issues that need to be addressed in the journey to solving the global climate crisis. The post What’s needed to solve the global climate crisis? appeared first on Innovation News Network.

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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

Green Car Congress

Some will suffer greatly from climate change, while others may even benefit. These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. —Cruz & Rossi-Hansberg.

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