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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. a developer of fuel injection equipment for DME-fueled vehicles.

Stimulus 150
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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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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. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon.

Renewable 220
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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
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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% Fossil fuels remain an important part of the energy system in the 66% 2°C Scenario, but the various fuels fare differently. Coal use would decline most rapidly.

Renewable 199
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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