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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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EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. gal last summer. gal on 22 March.

2019 186
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PwC industry survey provides check-up on determining factors for EV success

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hybrids and plug-in hybrids vs. battery EVs); pricing; power generation investment and capacity; funding and developing an infrastructure; and energy sources for electricity. 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.

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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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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. The additional net total investment, relative to the trends that emerge from current climate pledges, would be equivalent to 0.3%

Renewable 199
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Biofuel projects are going to have trouble getting financing from Wall Street this year because all of them have questions about the long term pricing of petroleum; most of them have concerns about the pricing stability of their feedstocks; and many of the cellulosic projects have concerns about the conversion technologies.

Financing 150
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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