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In 2021, global investment in the low-carbon energy transition totaled $755 billion, up 27% from $595 billion in 2020 and just $264 billion in 2011, according to Energy Transition Investment Trends 2022, a new report published by research firm BloombergNEF (BNEF). degrees of global warming. from the year prior.
The National Renewable Energy Laboratory (NREL) has released a comprehensive vision for deeply decarbonizing transportation. It is a strategy rooted in cross-cutting research and engineering to enable industry stakeholders, communities, government agencies, and early adopters to meet their climate goals.
of the human-made climate impact; two-thirds of this impact are caused by emissions other than CO 2 , according to a new study by researchers in Europe and the US. Schematic overview of the processes by which aviation emissions and increased cirrus cloudiness affect the climate system. Aviation accounts for 3.5%
A study led by Norwegian climate center CICERO has found that the global warming effect of leaked hydrogen is almost 12 times stronger than that of CO 2. Rather, it is the leaking of hydrogen from production, transportation and usage that adds to global warming. A global warming potential of 11.6 Sand et al.
The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. Many economies are now seeing emissions climbing above pre-crisis levels.
The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO). million sold in 2021 to 21 million in 2025.
The COVID-19 pandemic has significantly affected both consumer and commercial transportation, but global oil demand will probably continue to grow through 2030, according to a new study. In three of the four scenarios, global oil demand continued to grow through 2030. Lines represent global oil demand by study scenario.
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. —Pavlenko et al.
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has signed an agreement with Hapag-Lloyd, a leading worldwide liner shipping company, for the use of advanced biofuels. —Danny Smolders, Managing Director Global Sales at Hapag-Lloyd.
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, says it will be neutralizing the carbon emissions of all less-than-container load (LCL) ocean freight shipments from 1 January 2021. To fight against climate change, the transport sector needs true decarbonization.
According to the ITF Transport Outlook 2021 , the biennial flagship report of the International Transport Forum, a sister organization of the OECD, globaltransport activity will more than double by 2050, and traffic emissions will rise by 16% compared to 2015 even if existing commitments to decarbonize transport are fully implemented.
A new study from the International Council on Clean Transportation (ICCT) has found that although liquid-hydrogen- (LH 2 )-combustion aircraft do not perform as well as their jet fuel counterparts, they can still play an important role in meeting aviation’s 2050 climate goals.
But because they’re potent greenhouse gases, they still affect the climate. —Lead author Dr Luke Western, a Research Fellow at the University of Bristol and researcher at the NOAA’s Global Monitoring Laboratory (GML) The international study was conducted by a team of scientists from the UK, US, Switzerland, Australia, and Germany.
Cummins will provide hydrogen fuel cell electric powertrains integrated into selected OEM partners’ heavy-duty trucks for Air Products, as Air Products begins the process of converting its global fleet of distribution vehicles to hydrogen fuel cell vehicles. Cummins and Air Products expect the demonstration phase to begin in 2022.
Scottish Enterprise, Transport Scotland and the Hydrogen Accelerator, based at the University of St Andrews, have appointed Arcola Energy and a consortium of industry leaders in hydrogen fuel cell integration, rail engineering and functional safety to deliver Scotland’s first hydrogen powered train.
This strategic investment highlights the company’s commitment to decarbonizing global logistics and to becoming a net-zero company by 2040 across all business areas and all modes of transport. The purchase of fully electric trucks is supported by the German Federal Ministry for Digital and Transport with more than €4.3
Deutsche Post DHL Group is introducing a global DHL Green Carrier Certification to reward road transport subcontractors for their efforts to become more sustainable. Ground transport accounts for 21 per cent of the Group’s total CO 2 e emissions.
The Paris Agreement calls for global warming to be limited to 2 ?C Climate neutrality. Vehicles on the road, when powered by synthetic fuel, are ultimately climate-neutral. Sufficient renewable energy can be generated worldwide to produce fuel that can then be stored and transported relatively easily. The fossil CO?
To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050. Decarbonizing current and developing new end-uses, it can abate up to 85 GtCO 2 eq in cumulative emissions by 2050, more than twice global CO 2 emissions in 2021.
Volkswagen is the first automaker to transport most of its new vehicles overseas using low-emission LNG ships. On the return trip, the LNG ships will transport new vehicles destined for Europe. Only unavoidable emissions are offset by climate protection measures. The use of LNG not only reduces CO 2 emissions.
In February 2022, GTI Energy, S&P Global Commodity Insights and the National Energy Technology Laboratory (NETL) launched the Open Hydrogen Initiative (OHI), a collaboration to further transparency into the environmental impact of hydrogen production and help unlock its full potential as an important driver of energy transitions.
But if it were, the wildfires would be setting California back in meeting its climate goals, with the carbon emissions from California’s 2020 fire season alone making up 49% of the state’s 2030 emissions target. “To The carbon emissions released from the 2020 wildfires equate to more than $7 billion in total global damages, or about $986.9
At the 2022 Advanced Clean Transportation (ACT) Expo, Hyundai Motor will share the progress of the NorCAL ZERO Project. Our ultimate goal is to fight climate change and build a sustainable future. We are running out of time to limit global warming.
Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 The rebound of global CO 2 emissions above pre-pandemic levels has largely been driven by China, where they increased by 750 million tonnes between 2019 and 2021. billion tonnes, accounting for 33% of the global total. billion tonnes. billion tonnes.
The CCS Full-Scale project is a central part of Norway’s efforts to reduce its carbon footprint and meet the European goal of climate-neutrality by 2050. By supporting the project, the Norwegian government aims to facilitate further scaling up of CCS globally, by sharing knowledge and experience.
A new International Council on Clean Transportation (ICCT) 2 -emissions-commercial-aviation-2018">report finds that aviation emissions are increasing 70% faster than UN projections that already point to a tripling of CO 2 by 2050. In other words, the climate challenge for aviation is worse than expected. That equals 2.4%
A report released by C40 Cities finds that consumption-based emissions from nearly 100 of the world’s big cities already represent 10% of global greenhouse gas emissions. When combined with existing city climate commitments, this would deliver 35% of necessary reductions in consumption-based emissions needed to put C40 cities on a 1.5°C
Some experts estimate that the known lithium resource in the Salton Sea can meet more than one-third of today’s global lithium demand. Global electric vehicle market growth is projected to rise from 1.7 million vehicles in 2020 to 26 million vehicles in 2030 and 54 million by 2040 at least.
Octillion Power Systems, a global provider of advanced lithium-ion batteries, is providing battery packs for all-electric motorcoaches and city transit buses offered by ABC Companies and Lightning eMotors. Electrification of bus fleets has become a priority in many regions of the world, with nearly 500,000 EV buses now running globally.
A preliminary analysis of global data has found that carbon dioxide emissions from fossil fuel sources reached a maximum daily decline of 17% in April as a result of drastic decline in energy demand that have occurred during the COVID-19 pandemic. Percentage change in global daily fossil CO 2 emissions, Jan-May 2020. megatonnes (5.9
In a globalized world, sustainable and clean fuels are essential for climate-neutral logistics. It transports deliveries of DHL Express’ customer Apple. Hydrogen is opening up a new market and can contribute to green transport solutions.
Vehicle fuel economy improvements have slowed globally, according to the latest report from the Global Fuel Economy Initiative (GFEI): Fuel Economy In Major Car Markets: Technology And Policy Drivers 2005-2017. Overall, global fuel economy has improved by an average of 1.7% SUVs now represent nearly 40% of the global LDV market.
Thermo King, the transport refrigeration brand of Trane Technologies, will transition to a lower global warming potential (GWP) refrigerant as standard in its truck and trailer units. New units will no longer use R404A (GWP 3,922). In North America, Thermo King is one full year ahead of this regulation.
Bardin, AIChE’s 2023 President and GlobalClimate Transition Director at Dow, and Trish Kerin, Director of the IChemE Safety Center, during the 2023 World Hydrogen Summit and Exhibition, taking place May 9–11 in Rotterdam, The Netherlands. The letter of intent was signed on 10 May 2023, by Billy B.
The report says that reordering the US transportation system through policy and spending shifts to prioritize public and active transit while reducing car dependency can also ensure transit equity, protect ecosystems, respect Indigenous rights, and meet the demands of global justice.
At this year’s Africa Aerospace & Defence (AAD) expo at AFB Waterkloof in Centurion, Rheinmetall AG is presenting turnkey, mobile modular solutions for producing, storing and transporting CO 2 -free hydrogen. Byproducts such as oxygen can either be used for their own requirements or sold into the global commodity market.
Despite comprising just 4% of vehicles, buses and trucks contribute 40% of globaltransport emissions, making their rapid electrification a vital step in the decarbonization process. Another example of HVC360’s global near-term potential can be found in the haulage industry. of total bus sales. of the truck market as a whole.
From the researchers’ point of view, this underlines the need to further reduce emissions of soot that is harmful to health and the climate, as the carbon-containing particles still contribute to health hazards and climate warming even over distances of several hundred kilometers. forest fires).
The German Federal Ministry for Digital and Transport (BMDV) approved the funding application for the consortium research project HyCET (Hydrogen Combustion Engine Trucks) led by the BMW Group. The research project aims to demonstrate the sustainability potential of trucks with hydrogen combustion engines for transport logistics.
The European Commission had put forward a proposal to revise the EU system for monitoring, reporting and verifying CO 2 emissions from maritime transport (the “EU MRV Regulation”) and to bring it in line with new obligations under International Maritime Organisation (IMO) to monitor emissions from 2019 and report in 2020. Next steps.
In a public letter , shipping companies DFDS, CMB and Viking Cruises, commodities trader Trafigura, and green group Transport & Environment (T&E) say green hydrogen and ammonia are sustainable and can be produced in sufficient quantities to decarbonise the industry. Globally, €1.4 —Faïg Abbasov, shipping program director at T&E.
After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas.
E-Fuels company HIF Global, together with partners, authorities, and community representatives, celebrated the production of the first liters of synthetic gasoline at the Haru Oni Demonstration Plant in southern Chile. We are very interested in importing climate-friendly hydrogen derivatives and fuels. Earlier post.).
The California Air Resources Board (CARB) approved amendments to its current rule for Transport Refrigeration Units (TRUs) operating in the state. The new requirements will help meet the current health-based ambient air quality standards across California, and further the state’s climate goals.
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