Remove International Remove Oil Remove Stimulus Remove Stimulus Package
article thumbnail

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

Green Car Congress

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. During the Global Financial Crisis in 2008/9, the COVID19 pandemic, and now the Ukrainian War, economic stimulus packages were meant to put the world on a cleaner and greener path, but this is not at all evident in the CO 2 emissions data.

Global 221
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” M barrels/day of oil within the next 10 years ”. Dr. Paul still sees significant growth in the developing world. Billion vs. $28.3

Financing 150
article thumbnail

NSF Awards NCSU Team $2M For Research on Deriving Drop-in Renewable Hydrocarbon Fuels from Algae

Green Car Congress

The first of many parallel steps for the research effort is to mass-culture the best oil-producing strains of Dunaliella , and then to map the Dunaliella genome and identify the genes responsible for regulating the quantities and qualities of the produced fatty acids. Earlier post.). It has to be cost-competitive, or none of this makes sense.

Renewable 218
article thumbnail

Profile: Farmers Ethanol: Focusing on Sustainable Corn Ethanol Production and a Triple Bottom Line

Green Car Congress

At the recent International Biomass Conference and Expo in Portland Oregon, Edward Einowski, a partner in the law firm Stoel Rives and an expert on biomass project financing, provided an overview of today’s financial situation: “ There has been a tremendous push towards quality ” said Einowski. Earlier post.). Financing challenges.