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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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The study, published as an open-access paper in Nature , offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both. It’s complex, and it’s not linear. Our model takes that into consideration. —Mohammad Masnadi.

Oil 305
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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. Although the global effect on emissions is low, the impact varies between regions.

Emissions 186
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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

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Global production of biofuels increased 17% in 2010 to reach an all-time high of 105 billion liters (28 billion gallons US), up from 90 billion liters (24 billion gallons US) in 2009. of all global fuel for road transportation—an increase from 2% in 2009, according to the report. World ethanol and biodiesel production, 1975-2010.

2010 256
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Study finds no alternative to widespread switching of direct fuel uses to electricity to meet 2050 California GHG targets; putting detail in climate wedges

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Institute of International Studies, University of. This transformation, they write, which poses challenges and opportunities for economic growth and climate policy, demands technologies that are not yet commercialized and coordination of investment, technology development, and infrastructure deployment. Laboratory. efficiency.

Climate 262
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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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KPMG developed 3 nexuses linked by climate change to represent the challenges of sustainable growth. In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. Source: KPMG. Click to enlarge.

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Study: Kerry-Lieberman Bill Would Cut US Oil Imports By Up to 40% Below Current Levels

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A new study by the Peterson Institute for International Economics concluded that the Kerry-Lieberman “American Power Act”—the energy and climate change legislation recently introduced in the Senate ( earlier post )—would reduced US oil imports by 33-40% below current levels and by 9-19% below projected business-as-usual levels by 2030.

Oil 220
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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

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A number of factors are pushing Saudi Arabia to raise its crude-oil production capacity, but the wide range of potential outcomes suggests that such an increase is a risky strategy for the kingdom and the global environment, according to a new article by an expert from Rice University’s Baker Institute for Public Policy.