Remove Companies Remove Global Remove Oil Prices Remove Stimulus
article thumbnail

IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

2020 191
article thumbnail

Pike Research forecasts global biofuels market to double by 2012 to $185.3B

Green Car Congress

Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. Ultimately, widespread commercialization will depend on whether these ventures can reach price.

Global 253
article thumbnail

3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. When oil prices go up, people buy fuel efficient cars.

Oil 150
article thumbnail

Pike Research forecasts global biofuels market value to double to $185B by 2021

Green Car Congress

Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Pike projects that the Americas will account for 71% of global biofuels production. billion in 2011 to $185.3 billion by 2021. A more robust growth is expected.

Global 225
article thumbnail

Opinion: Saudi Arabia Continues To Turn Screws On US Shale

Green Car Congress

The resulting crash in oil prices is forcing some production out of the market, and Saudi Arabia intends for the brunt of that to be borne by others. There is a lag between movements in the oil price and corresponding changes in production. But the effects of the oil price crash are now being felt.

article thumbnail

Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Honda, which began leasing hydrogen fuel cell FCX Claritysedans in Los Angeles last year, still sees hydrogen as the bestlong-term alternative to gasoline as a fuel that can cut carbonexhaust tied to global warming, President Takeo Fukui said in aninterview. Oil prices are going to go up. where such vehicles can be used.

Obama 53
article thumbnail

Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

Early Days in the Obama Administration An Address I'd Like to Hear Global Warming Solutions Included in Transportatio. Thinking Globally, Acting Locally San Francisco City Carbon Collobarative 18th and 1. The Three Prongs of the “Green&# Energy Stimulus Pa. Tree Planting as Carbon Offsets – Does Latitude Ma.

Grid 28