Green Car Congress
APRIL 8, 2020
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. —Mike Vousden, Automotive Analyst at GlobalData.
Green Car Congress
MAY 3, 2020
gasoline demand would have put upward pressure on world oil prices. They added indirect rebound effects via income and world oil prices to the calculations because, in principle these could have non-trivial impacts on fuel savings. First, had fuel economy not improved, the higher level of U.S.
Green Car Congress
JULY 20, 2012
savings stimulated by high oil prices led to a decrease of 3% in CO 2 emissions in the European Union and of 2% in both the United States and Japan. The United States remain one of the largest emitters of CO2, with 17.3 At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%.
Green Car Congress
FEBRUARY 8, 2018
However, the study found that the growth of CO 2 emissions by 2030 would only be 1-5% lower than if subsidies had been maintained, regardless of whether oil prices are low or high. This is facilitated by today’s low oil prices. This equates to 0.5-2
Green Car Congress
JULY 25, 2013
With prices expected to increase in the long term, however, the world oil price in real 2011 dollars reaches $106 per barrel in 2020 and $163 per barrel in 2040, according to IEO2013.
Green Car Congress
MAY 24, 2012
This development has arisen from lower oil use in the transport sector (linked to efficiency improvements, higher oil prices and the economic downturn which has cut vehicle miles travelled) and a substantial shift from coal to gas in the power sector.
Green Car Congress
APRIL 10, 2009
A new study by the French institute Enerdata, commissioned by the European Federation for Transport & Environment (T&E), suggests that the European CO 2 standards for new vehicles due to come into effect in 2012 will lead not only to a European savings on oil (mainly via lower oil import volumes) but also to slightly lower global oil prices.
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