Remove CO2 Remove Coal Remove Cost Of Remove Economy
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. China was the only major economy to experience economic growth in both 2020 and 2021. billion tonnes. billion tonnes.

Emissions 370
article thumbnail

Volkswagen Group now planning 22M EVs in ten years; 70 new electric models by 2028

Green Car Congress

We will be systematically aligning production and other stages in the value chain to CO2 neutrality in the coming years. At the same time, CO2 emissions at all plants are to be cut 50% by 2025 compared with 2010. The conversion of the power station in Wolfsburg from coal to gas will reduce CO 2 emissions by 1.5 Earlier post.).

CO2 220
article thumbnail

MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

Green Car Congress

Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT. The first two reports dealt with nuclear power (2003) and coal (2007).

MIT 240
article thumbnail

EPA releases final Clean Power Plan; 32% reduction in CO2 from power plants by 2030

Green Car Congress

The 2030 target is in alignment with the Administration’s earlier economy-wide emissions targets, including the goal of reducing emissions to 17% below 2005 levels by 2020 and to 26-28% below 2005 levels by 2025. The 32% reduction target is 9% more aggressive than in the draft proposal of the CPP released in 2014. Earlier post.).

EPA 150
article thumbnail

IEA sees China lead the way in developing new cleaner coal technologies

Green Cars News

”China’s coal sector has made remarkable progress over the last decade, fuelling rapid economic growth and bringing a better quality of life for China’s citizens”, said Nobuo Tanaka, Executive Director of the International Energy Agency (IEA), today in Beijing at the launch of the new publication, Cleaner Coal in China.

Cleaner 44
article thumbnail

Saskatchewan and Montana Partner on Major Carbon Capture and Storage Project

Green Car Congress

The estimated of the total cost of the project in Canadian dollars is $270 million (US$231 million). Saskatchewan Premier Brad Wall signed a Memorandum of Understanding with Montana Governor Brian Schweitzer to work together on the development of one of the largest international carbon capture and storage demonstration projects to date.

Montana 150
article thumbnail

Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

US $5 PER KILOGRAM Cost of green hydrogen today. Europe Is Getting Serious About Developing a Hydrogen Economy H2Mare is one of three hydrogen flagship projects that have received a total of €700 million in funding from the German Federal Ministry of Education and Research. Conventional, or gray, hydrogen: $1.50

Wind 86