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

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to 1.9%) in 2022 as the COVID recovery continues amidst turmoil in energy markets. Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. Turmoil in energy markets. The turmoil in the global energy markets is affecting the different fossil fuels in different ways.

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

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These three leading international energy markets illustrate how progress is being made in other major energy-intensive nations, but they are not alone. The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated.

Renewable 220
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PwC industry survey provides check-up on determining factors for EV success

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This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs. Respondents predict that coal will remain the primary energy source for EVs in 2020 (28.9%), followed by Fossil fuel/oil (21.4%). Nearly 68.8%

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

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He identified three major themes in 2009 for renewable energy: “ Energy markets are undergoing their most fundamental changes since the 1930s; cap and trade is the most complex issue outside of health care; and schisms exist within the energy community that will grow stronger over time. Energy Markets in a State of Change.

Financing 150
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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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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. According to IEA, the 66% 2°C Scenario would require an unparalleled ramp-up of all low-carbon technologies in all countries.

Renewable 199
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Greenius Goes All AB 811 Over Green Task Force

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SBESC's Marilyn Lyon talks about Federal Stimulus Funding / photo (c) Debra Bushweit Galliani. We also learned from Marilyn Lyon that Federal Stimulus money will be coming L.A. More to come on these zero emission vehicles in another post.

Green 170