Economy Global Oil Prices Wind 
Green Car Congress
JANUARY 11, 2023
The US Energy Information Administration (EIA) expects global consumption of liquid fuels such as gasoline, diesel, and jet fuel, to set new record highs in 2024. EIA forecasts that the European benchmark Brent crude oil price will average less than $80 per barrel in 2024, more than 20% lower than in 2022. per gallon in 2024.
Green Car Congress
OCTOBER 7, 2021
In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency. —Stephen Nalley.
Green Car Congress
JUNE 18, 2022
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
Green Car Congress
JANUARY 19, 2011
World energy growth over the next twenty years is expected to be dominated by emerging economies such as China, India, Russia and Brazil while improvements in energy efficiency measures are set to accelerate, according to BP’s latest projection of energy trends, the BP Energy Outlook 2030. Click to enlarge.
Green Car Congress
APRIL 6, 2015
Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 billion of final investment decisions on offshore wind projects in Europe. billion, was up 36% on the previous year and came the closest ever to overhauling the total for developed economies, at $138.9 billion, up 39% from 2013.
Green Car Congress
JUNE 13, 2012
Global energy consumption grew by 2.5% Emerging economies accounted for all of the net growth, with OECD demand falling for the third time in the last four years, led by a sharp decline in Japan. globally, and 8.4% in the emerging economies. of global energy use, losing share for 12 consecutive years. Source: BP.
Green Car Congress
JULY 20, 2012
Global emissions of CO 2 increased by 3% last year, according to the annual report “Trends in global CO 2 emissions”, released by the EC Joint Research Centre (JRC) and the Netherlands Environmental Assessment Agency (PBL). At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%.
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