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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

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billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. China was the only major economy to experience economic growth in both 2020 and 2021. billion tonnes. billion tonnes.

Emissions 370
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Volkswagen Group now planning 22M EVs in ten years; 70 new electric models by 2028

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We will be systematically aligning production and other stages in the value chain to CO2 neutrality in the coming years. At the same time, CO2 emissions at all plants are to be cut 50% by 2025 compared with 2010. The conversion of the power station in Wolfsburg from coal to gas will reduce CO 2 emissions by 1.5 Earlier post.).

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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

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Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT. The first two reports dealt with nuclear power (2003) and coal (2007).

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IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

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China is about to become the largest oil-importing country and India becomes the largest importer of coal by the early 2020s. High oil prices, persistent differences in gas and electricity prices between regions and rising energy import bills in many countries focus attention on the relationship between energy and the broader economy.

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EPA releases final Clean Power Plan; 32% reduction in CO2 from power plants by 2030

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The 2030 target is in alignment with the Administration’s earlier economy-wide emissions targets, including the goal of reducing emissions to 17% below 2005 levels by 2020 and to 26-28% below 2005 levels by 2025. The 32% reduction target is 9% more aggressive than in the draft proposal of the CPP released in 2014. Earlier post.).

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IEA sees China lead the way in developing new cleaner coal technologies

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”China’s coal sector has made remarkable progress over the last decade, fuelling rapid economic growth and bringing a better quality of life for China’s citizens”, said Nobuo Tanaka, Executive Director of the International Energy Agency (IEA), today in Beijing at the launch of the new publication, Cleaner Coal in China.

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We Need More Than Just Electric Vehicles

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The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. Manufacturing an EV battery using coal-based electricity results in more than three times the greenhouse-gas emissions of manufacturing a battery with electricity from renewable sources.