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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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The year 2022 was marked by the emergence of longer-term economic repercussions of the COVID-19 pandemic and an unexpected war in Eastern Europe that caused turmoil in energy markets. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021.

Emissions 273
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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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EIA: world petroleum use sets record high in 2012 despite declines in North America and Europe

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The world’s consumption of gasoline, diesel fuel, jet fuel, heating oil, and other petroleum products reached a record high of 88.9 The rapidly industrializing economies of China and India fueled much of Asia’s demand increase, growing 2.8 Petroleum use in Europe has declined in every year since 2006. million bbl/d.

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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

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While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 In contrast to 2022 when the OECD led the expansion, non-OECD economies are set to account for nearly 80% of growth next year. mb/d in 2022 to 2.2 mb/d in 2022 and 1.8

Oil 210
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IEA: global energy efficiency progress drops to slowest rate since start of decade

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Primary energy intensity—an indicator of how much energy is used by the global economy—improved by just 1.2% In Europe, it improved by 2%, up from 1.4% Oil represented the largest share of final demand, at around 41%, but demand growth slowed to 1.5% Global primary energy demand rose by 2.3%

Global 150
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The Fed Is Driving Down Oil Prices

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We have seen softer numbers out of Europe and firmer numbers out of the U.S.” dollar to go up, which is putting downward pressure on prices,” Phil Flynn, analyst at Price Futures Group in Chicago, told Reuters. dollar is one important variable influencing oil prices. But the U.S. and the euro by 5.4%.”.

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Roland Berger study outlines integrated vehicle and fuels roadmap for further abating transport GHG emissions 2030+ at lowest societal cost

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From the GHG abatement cost perspective, the study found that the most efficient technologies are full deployment of the E10 grade, to reach the 7% energy cap of conventional biofuels; higher advanced ethanol blends for gasoline such as E20; drop-in advanced biofuels for diesel; and hybridized powertrains, such as mild hybrids and full hybrids.

Emissions 150