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IEA: Global demand for fossil fuels will peak this decade

Green Car Reports

Global demand for fossil fuels will peak this decade due in part to Russia's invasion of Ukraine, which has accelerated many countries' move to renewable energy, according to the International Energy Agency (IEA).

Ukraine 167
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Elon Musk has provided 12,000 Starlink dishes to Ukraine

Teslarati

At the 2022 Annual Meeting of the World Economic Forum in Davos, Fedorov shared that the SpaceX CEO has provided over 12,000 Starlink dishes to Ukraine. He also stated that the terminals are crucial to Ukraine’s information war on social media against Russia. . We will talk about digital Ukraine. And how we win in cyber war.

Ukraine 141
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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

Green Car Congress

The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. million b/d since the start of 2020, contributing 184,000 b/d to the global decline in 2021. million b/d in 2023.

Global 448
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Ukraine Scrubbing Nuclear Agencies of Russian Influence

Cars That Think

Also of short-term concern is that Ukraine still relies heavily on Russian suppliers of nuclear fuel, waste handling, and parts. Moves to root out Russian threats within Ukraine are, however, sowing confusion as experts and officials point fingers at suspected collaborators and, in the process, at each other.

Ukraine 92
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% The decline in 2020 of -5.2% increase in 2021.

Global 221
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EVs are avoiding about 3% of global oil demand—a fifth of Russia's total exports

Green Car Reports

Russia's ongoing invasion of Ukraine has triggered international sanctions throttling the country's oil exports, leading to fears of every higher gas prices. But electric vehicle adoption has been helping make the situation less grim. Plug-in vehicles avoided roughly 1.5

Russia 211
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Biden authorizes release of more than 180M barrels of oil from Strategic Petroleum Reserve; 1M bpd for 6 months

Green Car Congress

The Biden Administration had earlier in March authorized a drawdown of 30 million barrels in coordination with the IEA in response to Russia’s invasion of Ukraine. million barrels over a 45-day period to calm the global oil market in the immediate aftermath of the beginning of the Iraq war. President George H.

Oil 418