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

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

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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
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Consortium Seeks Stimulus Funding for DME-Electric Hybrid Buses

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

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The focus must be on the decarbonization of the global energy system as it accounts for almost two-thirds of greenhouse gas emissions. Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. Coal use would decline most rapidly.

Renewable 199
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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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
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IEA: global carbon dioxide emissions have rebounded strongly

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In March 2020, the IEA urged governments to put clean energy at the heart of their economic stimulus plans to ensure a sustainable recovery. This was the result of accelerating economic activity as well as the combination of higher natural gas prices and colder weather favoring an increase in coal use.

Emissions 433
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Although not part of the conferences formal structure, the themes were addressed in the presentations and panel discussions. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. While at Goldman Sachs, Auerbach was part of a team that invested $1.5

Financing 150