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The SUV market is fueling global oil demand, clouding CO2 targets

Green Car Reports

A strong SUV market is leading to higher oil demand today, and may make future carbon dioxide (CO2) emissions targets harder to achieve, according to the International Energy Agency (IEA). New IEA analysis found that global CO2 emissions from SUVs reached nearly 1.1 SUVs are.

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GlobalData: COVID-19 puts EV sales and CO2 fleet emission targets at risk

Green Car Congress

GlobalData research shows that lower oil prices as a result of the COVID-19 crisis could reduce electric vehicle demand and impair EU efforts to significantly reduce average new vehicle CO 2 emissions in the European car market.

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Battery Electric Cars Climbed to 9% of Sales in 2021, Driven by EU CO2 Targets

CleanTechnica EVs

One in every 11 cars sold in the EU last year was fully electric as EV sales were boosted by EU CO2 targets for the second year running. market share, according to ACEA data for 2021. in 2019 — before the current EU CO2 standards, which […]. Battery electric vehicles had a 9.1% That’s up from 1.9%

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US Steel and CarbonFree sign MoU to capture CO2 at Gary Works

Green Car Congress

The technology produces PCC for sale into the global specialty chemicals market, and calcium carbonate for the sequestration of CO 2. SkyCycle technology is modular, scalable and patented and is designed to directly capture CO 2 emissions from industrial emitters.

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European Parliament proposes 40% cut in new car CO2 by 2030; acceleration of sales of electric and low-emission cars

Green Car Congress

Market uptake of electric and low- emission cars should also accelerate, said MEPs. Carmakers will also have to ensure that zero- and low- emission vehicles—ZLEVs (electric cars or vehicles which emit less than 50g CO2/km)—have a 35% market share of sales of new cars and vans by 2030, and 20% by 2025.

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Motor vehicle taxation brings in €440.4B for governments in major European markets

Green Car Congress

New data shows that motor vehicles generate more than €440 billion in taxation per year for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. The three countries that do not apply CO2-based taxation are Estonia, Lithuania and Poland.

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Tesla and other EVs’ strong sales helped drop Europe’s CO2 emissions in 2021

Teslarati

A recent report from market trend analysis firm JATO Dynamics has revealed that Tesla’s strong sales in Europe, coupled with the introduction of more environmentally-friendly SUVs, have helped drive a 16% reduction in CO2 emissions among new vehicles sold across the region in 2021. km to 99g/km year-over-year.

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