article thumbnail

Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. During the Global Financial Crisis in 2008/9, the COVID19 pandemic, and now the Ukrainian War, economic stimulus packages were meant to put the world on a cleaner and greener path, but this is not at all evident in the CO 2 emissions data.

Global 221
article thumbnail

Consortium Seeks Stimulus Funding for DME-Electric Hybrid Buses

Green Car Congress

A consortium is seeking US stimulus funding available through the Federal Transit Administration’s (FTA) Transit Investments for Greenhouse Gas and Energy Reduction (TIGGER) program to convert 20 hybrid diesel-electric buses to hybrid dimethyl-ether (DME)-electric propulsion.

Stimulus 150
article thumbnail

EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

The increase in fuel consumption we are forecasting for the summer driving season is a reflection of optimism about the US economy as COVID-19 vaccinations and fiscal stimulus support continued recovery. EIA expects US coal production to total 585 MMst in 2021, 46 MMst (9%) more than in 2020. gal last summer. MMBtu in 2020 to $3.31/MMBtu

2019 186
article thumbnail

PwC industry survey provides check-up on determining factors for EV success

Green Car Congress

PwC has released the first edition of the “Charging Forward: Electric Vehicle Survey”, which it developed to provide a check-up on some of the major determining factors for the success of EVs in the near-, mid- and long-term. Of that, nearly one third, or three million units, will be plug-in and pure electric vehicles.

article thumbnail

Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

In Germany, renewable electricity generation will be 35 percent by 2020, and 50 percent by 2050. Why then do we not have the same clarity of goal for the electricity generating industry here in the USA? The same can be said for the electricity companies that generate power in the USA. EIA projections of renewables penetration.

Renewable 220
article thumbnail

IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

Green Car Congress

Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. IRENA’s macroeconomic analysis suggests that such investment creates a stimulus that, together with other pro-growth policies, will: boost global GDP by 0.8% Coal use would decline most rapidly.

Renewable 199
article thumbnail

Saskatchewan and Montana Partner on Major Carbon Capture and Storage Project

Green Car Congress

Governor Schweitzer and Premier Wall agreed that the international carbon capture and storage demonstration project will also help address national policy priorities in both countries including the development of near zero, sustainable energy technologies; continental energy security and economic stimulus to support the North American economy.

Montana 150