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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. Increasing US refinery production along with rising crude oil supply from OPEC, its partner countries, and US tight oil producers should help bring those prices down. gal last summer.

2019 186
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IEA: global carbon dioxide emissions have rebounded strongly

Green Car Congress

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.

Emissions 433
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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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Global energy-related carbon dioxide emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released by the International Renewable Energy Agency (IRENA) and the International Energy Agency (IEA). —IRENA Director-General Adnan Z.

Renewable 199
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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 ”. The US is in a race for global dominance in the new energy economy with China.

Financing 150
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

Globally, more than 100 nations have established renewable energy targets. The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Source: EIA. Click to enlarge. mpg by 2016. Source: EIA.

Renewable 220
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50,000 Fleet Vehicles Ordered

Plug In Partners

He also makes the point, that plug ins will provide more energy security and less global warming. That is because electric fuel can be provided by renewable energy such as the wind. should promise to order 50,000 fleet vehicles of the first viable plug-in hybrid — that would be just the stimulus the carmakers need.

Fleet 100
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Major study concludes achieving EU 2050 transport decarbonization goals will require portfolio of advanced powertrains; fuel cells, battery-electric and plug-in hybrids

Green Car Congress

Oil and gas : ENI Refining and Marketing, Galp Energia, OMV Refining and Marketing GmbH, Shell Downstream Services International B.V., Wind : Nordex. Over the next 40 years, the study found, no single powertrain satisfies all key criteria for economics, performance and the environment. Total Raffinage Marketing.

Plug-in 244