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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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However, the resulting low gas prices, as well as clean air and climate policies, will promote further switching to gas from other more polluting energy sources, such as oil and coal. The development of an international hydrogen market could also accelerate adoption. MMbtu in Russia, $8.7/MMbtu —Jon Moore, CEO of BNEF.

Gas 243
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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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Oil demand grew by less than 1%—the slowest rate amongst fossil fuels—while gas grew by 2.2%, and coal was the only fossil fuel with above average annual consumption growth at 5.4% The report also highlighted supply disruptions as one of the major energy events of the year. globally, and 8.4% in the emerging economies.

Coal 261
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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. The decline was driven by a surge in shale gas supplies and more attractive renewable power that displaced coal. Fatih Birol, the IEA’s executive director.

Economy 199
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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

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Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. Russia and China Cozy Up. Reign of the USD. Before the 20 th century, the value of money was tied to gold.

Russia 225
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Fitful Ukrainian Nuclear Plant Stokes Powerful Fears

Cars That Think

Radioactive coal ash piles near the nuclear power plant were shelled on Tuesday. Russia has put Ukraine and all Europeans one step away from a radiation disaster,” said Zelenskyy. Ukrainian military intelligence reported that Russia was shelling the piles to incite fear because the ash is “at least 2.5

Power 82
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Global CO2 emissions stalled for the third year in a row

Green Car Congress

Other main findings include: In 2016, China, US, EU28, India, Russia and Japan, the world’s largest emitters in decreasing order of CO 2 emissions, accounted for 51% of the population, 65% of global Gross Domestic Product, 67% of the total primary energy supply and emitted 68% of total global CO 2 and circa 65% of total global GHGs.

Emissions 150
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Our Energy crisis is self made in europe

EV Info

While all eyes are on Ukraine and Russia, Europe’s energy woes are largely self-made, not due to outside forces. Europe has made its own bed, disassembling dispatchable fuel diversity by closing well-operating coal and nuclear power plants. s usage peaked at its highest level since March to help plug a gap in supplies.”.

Europe 52