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Future Fuel Strategies: 40+ countries developing light-duty vehicle fuel economy standards

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Global LDV Fuel Efficiency Improvement. All are among the top 15 vehicle markets worldwide: nearly 80% of new LDVs sold globally are currently subject to some kind of GHG emission or fuel economy standards. Many of these countries are in Africa where urbanization, motorization, vehicle miles traveled and oil demand are increasing.

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Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

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Commonwealth countries can cut their cumulative oil bill by £2 trillion (US$3.2 Given that about half the Commonwealth’s and world’s oil is used in transport and oil accounts for about 95% of transport fuel use, this could spell economic disaster for the oil importing countries which make up the vast majority of the Commonwealth.

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Global Fuel Economy Initiative launches second 3-year campaign; ICCT joins partnership

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The Global Fuel Economy Initiative ( GFEI ) ( earlier post ) launched its second three-year effort to improve vehicle fuel economy around the world at the International Transport Forum in Leipzig. —“Global Fuel Economy Initiative Plan of Action 2012-2015. 2012 is therefore a very important year.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

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Pike Research forecasts global geothermal power capacity could more than double by 2020; US to lead world in geothermal power capacity through 2020

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Escalating investment in geothermal power could result in a 134% increase in global geothermal capacity between 2010 and 2020, from 10.7 Currently, the United States is the global geothermal leader with 3.1 Geothermal remains an underutilized resource, representing only a small fraction of the global renewable energy portfolio today.

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UNEP study: small number of measures targeting black carbon and tropospheric ozone could yield immediate climate benefits

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Global benefits from full implementation of the identified measures in 2030 compared to the reference scenario. Full implementation of these measures would reduce future global warming by 0.5 °C If the measures are implemented by 2030, this could halve the potential increase in global temperature which is projected for 2050.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Additional highlights of the 9 th annual Global Trends in Renewable Energy Investment 2015 report include: China saw by far the biggest renewable energy investments in 2014—a record $83.3 billion, up 39% from 2013.

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