natural gas – Page 4 – Desdemona Despair

Global net anthropogenic greenhouse gas emissions projected to 2050. Projected global GHG emissions from Nationally Determined Contribution (NDCs) announced prior to COP26 would make it likely that warming will exceed 1.5°C and also make it harder after 2030 to limit warming to below 2°C. Graphic: IPCC

April 5, 2022

Amid backsliding on climate, the renewables effort now must be tripled – “A litany of broken climate promises”

By António Guterres 4 April 2022 (The Washington Post) – A report released Monday by the Intergovernmental Panel on Climate Change is a litany of broken climate promises. Together with the IPCC’s previous two reports on physical science and adaptation in the past year, it reveals the yawning gap between climate pledges and reality. And the reality is that we are […]

Futures prices of West Texas intermediate crude oil and lithium, May 2021-March 2022. Graphic: Bloomberg

March 29, 2022

A world that’s more expensive is starting to destroy demand – “A renewed spike in gas prices would see demand destruction become more widespread”

By David R Baker, Allison Smith, and Sheela Tobben 27 March 2022 (Bloomberg) – Prices for some of the world’s most pivotal products – foods, fuels, plastics, metals – are spiking beyond what many buyers can afford. That’s forcing consumers to cut back and, if the trend grows, may tip economies already buffeted by pandemic […]

Tokyo Tower is illuminated only in the lower-half part in response to the government’s request to save electricity in Tokyo, Japan on 22 March 2022. Photo: Issei Kato / REUTERS

March 27, 2022

The future of energy will require bigger sacrifices from citizens – “If you don’t want to act on going 1 degree lower for climate change, do it against Putin”

By Stephen Stapczynski and Shoko Oda 25 March 2022 (Bloomberg News) – Not since the late 1970s have governments around the world been under so much pressure to ask their citizens to cut energy consumption for the greater good. The need for more energy conservation has snowballed: The war in Ukraine is forcing Europe to curb […]

Smoke rises after Russian shelling near Kyiv, Ukraine, on 17 March 2022. Photo: Gleb Garanich / REUTERS

March 21, 2022

Russia’s war on Ukraine threatens climate goals, warns UN chief – “This is madness. Addiction to fossil fuels is mutually assured destruction.”

By Fiona Harvey 21 March 2022 (The Guardian) – The war in Ukraine risks putting global targets on the climate out of reach, the UN secretary general has warned, if countries respond to Russia’s aggression by increasing their use of fossil fuels. António Guterres said the aim of limiting global temperatures to 1.5C above pre-industrial levels, […]

Carbon emissions projected to 2050 in three scenarios: Accelerated, Net Zero, and New Momentum. BP’s Energy Outlook 2022 uses three main scenarios (Accelerated, Net Zero, and New Momentum) to explore the range of possible pathways for the global energy system to 2050 and help shape a resilient strategy for BP. Graphic: BP

March 17, 2022

BP Energy Outlook 2022 edition – The carbon budget is finite, and it is running out

By Spencer Dale 14 March 2022 (BP) – At the time of writing, the world’s attention is focussed on the terrible events taking place in Ukraine. Our thoughts and hopes are with all those affected. The scenarios included in Energy Outlook 2022 were largely prepared before the outbreak of the military action and do not include any […]

Projected U.S. energy-related carbon dioxide (CO2) emissions by fuel source in the AEO2022 reference case (left) and U.S. Energy-related CO2 emissions by AEO2022 economic growth cases (right). Energy‐related CO2 emissions dip through 2035 before climbing in later projection years. Graphic: EIA

March 12, 2022

U.S. energy projections to 2050: Fossil fuels still most-consumed energy sources through 2050 – Energy consumption increases as population and economic growth outweigh efficiency gains – Energy‐related CO2 emissions dip through 2035 but climb later

3 March 2022 (EIA) – Key takeaways from the Reference case and side cases: Petroleum and natural gas remain the most-consumed sources of energy in the United States through 2050, but renewable energy is the fastest growing Motor gasoline remains the most prevalent transportation fuel despite electric vehicles gaining market share Energy-related carbon dioxide (CO2) […]

A man stands on the roof of a house in Colonia El Carmen as a red glare emanates from flares dotted around the Cactus gas processing center, run by state oil company Pemex, in Reforma municipality in Chiapas, Mexico. Photo: Edgard Garrido / REUTERS

February 23, 2022

Gas flaring soars in Mexico, derailing its climate change pledges as it seeks to boost oil output – “It’s like hell”

By Stefanie Eschenbacher 23 February 2022 (Reuters) – It never gets completely dark in Colonia El Carmen, home to Mexico’s largest natural gas processing center, in the poor southern state of Chiapas. After sunset, a red glare emanates from flares dotted around the Cactus gas processing center, run by state oil company Petroleos Mexicanos (Pemex). […]

Newcastle Coal Futures, 5 December 2008 - 23 December 2021. In December 2021, Newcastle Coal Futures rose to $169 per metric ton, the highest price since the $222 peak on 29 October 2021, pressured by a surge in China’s thermal coal futures as supply is expected to tighten. In 2021, the Chinese government has intensified a crackdown on illegal mining in the country's top coal producing region Shanxi after a round of inspections at the region's miners and found at least 14 coal mines producing beyond their authorized capacity. Meanwhile, the National Development and Reform Commission, China’s top economic planner, released a plan to raise annual thermal coal prices for 2022 to CNY 700 per ton from 2017's CNY 535 per ton, well above an informal ceiling of CNY 600. Earlier in 2021, China introduced power curbs especially for energy-intensive businesses and restrictions on coal imports, aiming to reach its climate targets but such curbs led to a serious power crunch. Graphic: Trading Economics

December 23, 2021

“Prepare for lack of electricity” in 2022 says Foxconn founder

By Elles Houweling 20 December 2021 (Verdict) – The founder and director of Foxconn, the world’s largest contract manufacturer of electronics, Terry Gou, has said that “there will be a shortage of electricity in the next year.” Gou added that “people should not complain about the future lack of electricity.” Instead, they should “prepare”. Hon Hai Precision […]

Global carbon dioxide emissions from fossil fuels, 1959-2021. Global CO2 emissions bounced back after COVID-19 restrictions and reached pre-pandemic levels in 2021. Graph: Global Carbon Project

December 12, 2021

Global carbon emissions rebound to pre-pandemic levels after unprecedented drop in 2020 – “The fast recovery in CO2 emissions, following last year’s sharp drop, should come as no surprise”

By Pep Canadell, Corinne Le Quéré, Glen Peters, Pierre Friedlingstein, Robbie Andrew, and Rob Jackson 3 November 2021 (The Conversation) – Global carbon dioxide emissions have bounced back after COVID-19 restrictions and are likely to reach close to pre-pandemic levels this year, our analysis released today has found. The troubling finding comes as the COP26 climate talks […]

Satellite view showing plumes of potent greenhouse gas methane leaking from a gas pipeline in Kazakhstan, captured by the European Sentinel 2 and Sentinel 5P satellites. Photo: Copernicus

November 17, 2021

Satellites discover huge, undeclared methane emissions – “These are large emissions, and we see a lot of them on the global scale, much more than we had expected”

By Tereza Pultarova 16 November 2021 (Space.com) – Huge amounts of uncounted emissions of highly warming greenhouse gas methane are being released by “super-emitters” all over the world, satellite observations reveal. Scientists have only recently worked out how to detect methane emissions from space, but what they have seen since has taken them by surprise. […]