Remove 2014 Remove Climate Remove Emissions Remove Gas
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ICCT life-cycle analysis finds no climate benefit in using LNG as marine fuel

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The results of a new analysis by the International Council on Clean Transportation (ICCT) show that, when combined with a trend toward higher methane leakage and combustion slip, there is no climate benefit from using liquefied natural gas (LNG) as a marine fuel—regardless of the engine technology. We know from Olmer et al.

Mariner 427
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Oil and Gas Climate Initiative to invest $1B over 10 years in low-emissions tech

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The Oil and Gas Climate Initiative (OGCI) will invest $1 billion over the next ten years to develop and to accelerate the commercial deployment of innovative low-emissions technologies. OGCI Climate Investments (OGCI CI) will aim to deploy successfully-developed new technologies among member companies and beyond.

Climate 150
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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

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A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. The open-access paper is published in AGU’s journal GeoHealth.

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IG Metall warns that Krupp Mannesmann steel plant may fail due to lack of financing for conversion to climate-neutral steel production

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IG Metall, Germany’s largest union as well as Europe’s largest industrial union, warns that at Hüttenwerke Krupp Mannesmann (HKM), the switch to climate-neutral steel production is may fail due to the lack of financing. HKM aims to reduce CO 2 emissions by 30% by the year 2025, and then be as climate neutral as possible by 2045.

Financing 221
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% Global fossil CO 2 emissions have now grown 0.6% —Glen Peters, a Research Director at the CICERO Center for International Climate Research. CO 2 emissions from natural gas use have grown a sustained 2.2%

Global 221
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EEA: increase in EU GHG emissions, mostly due to transport, hampers progress towards 2030 targets

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Greenhouse gas (GHG) emissions across the European Union rose slightly in 2017, mostly because of the transport sector. emissions increase in 2017 from 2016. This limited increase means that the EU is still expected to achieve its 2020 emissions reduction target, albeit by a narrower margin. We know it can be done.

Emissions 257
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BP: world on unsustainable path; growing divergence between demands for climate change action and pace of progress

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This year’s edition highlights the growing divergence between demands for action on climate change and the actual pace of progress on reducing carbon emissions. The longer carbon emissions continue to rise, the harder and more costly will be the necessary eventual adjustment to net-zero carbon emissions.