Remove Coal Remove Emissions Remove Industrial Remove Price
article thumbnail

Rhodium Group estimates US GHG emissions rose 1.3% in 2022

Green Car Congress

Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Outside of the power sector, emissions increased slightly. Little change in transportation and industry.

Emissions 273
article thumbnail

Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

Green Car Congress

The Rhodium Group, an independent research provider, estimates that, after a sharp uptick in 2018, US greenhouse gas (GHG) emissions fell by 2.1% This decline was due almost entirely to a drop in coal consumption. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. Coal-driven decline.

Coal 370
article thumbnail

3.8% drop in EU’s greenhouse gas emissions in 2019; transport emissions rise

Green Car Congress

Total greenhouse gas emissions in the European Union (EU) decreased by 3.8% The large decline in emissions, achieved before the COVID-19 crisis, was mainly due to reduced coal use for power generation. This decrease brought EU emissions to 24.0% from 2018 to 2019.

2019 243
article thumbnail

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

Green Car Congress

Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. Global fossil CO 2 emissions have now grown 0.6% CO 2 emissions from natural gas use have grown a sustained 2.2% increase in 2021.

Global 221
article thumbnail

BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). kg in most parts of the world before 2050. MMBtu) in 2050.

Hydrogen 221
article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). Hydrogen and recycling are likely to play a central role in reducing emissions from steel production.

Hydrogen 221
article thumbnail

EIA: CO2 emissions from US power sector have declined 28% since 2005

Green Car Congress

US electric power sector CO 2 emissions have declined 28% since 2005 because of slower electricity demand growth and changes in the mix of fuels used to generate electricity, according to the US Energy Information Administration (EIA). Source: US EIA, US Energy-Related Carbon Dioxide Emissions , 2017.

2005 414