Tag Archive | carbon dioxide emissions

“Electric Cars Could Take an OPEC-Sized Bite From Oil Demand”

https://www.bloomberg.com/news/articles/2016-12-03/electric-cars-could-take-an-opec-sized-bite-from-oil-demand

A boom in electric vehicles made by the likes of Tesla Motors Inc. could erode as much as 10 percent of global gasoline demand by 2035, according to the oil industry consultant Wood Mackenzie Ltd.

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“‘New era of climate change reality’ as emissions hit symbolic threshold”

The WMO predicts carbon dioxide concentrations will stay above the symbolic 400ppm for the whole of 2016 and reach new highs.

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The world is in a new era of “climate change reality”, with carbon dioxide in the atmosphere reaching a symbolic threshold which it will not fall below for many generations, scientists have said.

“America’s Energy Revolution Hits a Historic Milepost”

http://www.bloomberg.com/news/articles/2016-10-31/america-s-energy-revolution-hits-a-historic-milepost

The U.S. passed another historic marker in its energy revolution this year. In February, U.S. transportation emitted more carbon dioxide than the fossil-fuel-heavy power sector for the first time since 1978. Overall, the U.S. has seen a 25 percent drop in carbon-dioxide emissions since 2008, the Department of Energy said, a function of the rise of natural gas and smarter energy use.

“Climate Protection May Cut World GDP 4% by 2030, UN Says”

coolingtowers

http://www.bloomberg.com/news/2014-01-16/climate-protection-may-cost-4-of-world-gdp-by-2030.html

The cost of holding rising temperatures to safe levels may reach 4 percent of economic output by 2030, according to a draft United Nations report designed to influence efforts to draft a global-warming treaty…..

…..  The research is important because it’s intended to influence the direction of UN negotiations involving more than 190 countries on how to combat global warming. The discussions have been beset by wrangles between developing and industrialized nations over who should bear the cost of tackling climate change……

…….. Other findings detailed in the UN study include:

* Greenhouse gas emissions grew by an average 2.2 percent per year between 2000 and 2010. Global emissions since 1970 outstrip those for the preceding 220 years.

* Just 10 nations accounted for 70 percent of emissions in 2010.

* Industrial emissions from developing nations now exceed those from industrialized ones, though high income nations are net importers of carbon dioxide emissions embedded in goods from abroad.

* Pledges for emissions cuts by 2020 that were made by the world’s biggest emitters in 2010 don’t correspond to the ‘‘lowest cost” emissions reduction trajectory and would lead to greenhouse gas concentrations of as much as 650 ppm by 2100.

* The lowest-cost global efforts to fight climate change involve making the majority of investments in developing nations.

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The UN is providing a wake-up call for policy makers as momentum to invest in clean energy is being lost. The Big 10 polluters have been reminded of their obligations; and new emphasis is being placed upon the cost effectiveness of clean energy in developing nations. It looks like a deal will be done, in which the Big 10 are given a break in return for investing in clean energy projects in the developing world.