Subscribe  Log in | Register | Advertise | Digital Issue   |   Search
  • CCUS
  • Cap & Trade Markets
  • Voluntary Markets & Offsets
  • Corporate & Finance
  • Net Zero Strategies
Search
Related Articles
China’s emissions trading scheme lacks bite
Overly generous allowance allocations and low prices blunt impact of world’s largest cap-and-trade scheme in its first 18 months
EU approves €1.1bn Danish CCS support scheme
State government offers 20-year CfD to support deployment of carbon capture as key decarbonisation tool
EU reaches agreement on ETS revision
New scheme for transport and buildings paired with tighter cap in existing system
Coal use increases, but investment lags
High levels of demand are not translating into greenfield investments due to climate policies
EU agrees carbon border tariffs
Carbon border adjustment mechanism will begin test period in 2023 and phase in slowly over course of the decade
EU reaches deal to include shipping in ETS
Provisional agreement is still subject to an overall deal on the ETS revision in late December.
EU must clarify CO₂ removal rules
Carbon removals proposal must prioritise emissions cuts and differentiate between short-term and long-term storage, according to NGOs
EU agrees to loss-and-damage fund
The bloc makes negotiating concession as it looks to tie loss-and-damage fund to mitigation
Lithium shortage to slow Europe's battery growth
Volatile power prices have boosted revenues, but new entrants faced with higher capex thanks to spiking lithium prices
China ETS requires power market reform
Policymakers’ ongoing preference for regulated power tariffs over market-based pricing is one of key problems China needs to address
EVs China EU
Tom Young
29 April 2021
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

EV sales unaffected by pandemic – IEA

Sales in the sector are growing fast thanks to strong consumer demand and policy support from governments

Electric vehicles (EVs) will displace 3.4mn bl/d of oil by 2030 under the IEA sustainable development scenario, adding 850TWh to annual electricity demand. The global EV fleet consumed just over 80TWh in 2020, according to the IEA’s Global EV outlook, released today. The report found that sales in the sector are growing fast and were largely unaffected by the Covid-19 pandemic last year— unlike sales of petrol and diesel vehicles. “EVs have show remarkable success” Gul, IEA “EVs have shown some remarkable success,” says Timur Gul, head of energy technology policy at the IEA, speaking at the launch of the report. “There is one reason — government policy.” China and Europe Around 3mn E

Welcome to the PE Media Network

PE Media Network publishes Petroleum Economist, Hydrogen Economist and Carbon Economist to form the only genuinely comprehensive intelligence service covering the global energy industry

 

Already registered?
Click here to log in
Subscribe now
to get full access
Register now
for a free trial
Any questions?
Contact us

Comments

Comments

{{ error }}
{{ comment.comment.Name }} • {{ comment.timeAgo }}
{{ comment.comment.Text }}
Also in this section
Abu Dhabi steps on the emissions-reduction accelerator
27 January 2023
State-owned energy companies are intensifying efforts to decarbonise the emirate’s crude oil production and carve out a leading role in the nascent global hydrogen trade
Japanese heavyweights get behind CCS
26 January 2023
Nippon Steel and Mitsubishi among a slew of major Japanese companies launching CCS initiatives as government sets out long-term roadmap
Shell delivers first cargo under Giignl green LNG rules
25 January 2023
Cargo shipped from Gorgon project to Taiwan is first to verify GHG-neutral status using guidelines set by International Group of Liquefied Natural Gas Importers
Norway claims first smelter CCS pilot
24 January 2023
Technology supplied by Aker Carbon Capture connected to ferroalloys production plant operated by Elkem in Rana, Norway

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
PE Store
Social Links
Social Feeds
  • Twitter
Tweets by Carbon Economist
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2023 The Petroleum Economist Ltd
Cookie Settings
;

Search