The new car market could change dramatically after 2020 with sales of electric vehicles set to rocket, according to research by the energy information and analysis service, Bloomberg New Energy Finance (BNEF).
A consistent set of stricter EU rules on CO2 emissions from cars and vans could help reach climate goals while boosting the renewable energy sector, and at relatively little cost, according to a new report from an energy think tank that advises the European Commission. The report says electricity providers can play a central role if they recognise the overall value of pushing for tighter CO2 standards in road transport.
Trucks can cut carbon emissions by up to 40% if the EU sets CO2 standards now, according to a new analysis by leading research group the ICCT. The preliminary figures show that European heavy-duty vehicles could slash their emissions 27% by 2025 and up to 40% better by 2030, thereby saving hauliers on fuel bills.
The use of palm oil for biodiesel in Europe spiked to an all-time high in 2014. Forty-five percent of all the palm oil used in Europe powered cars and trucks, data obtained by green group Transport & Environment (T&E) revealed. The figures came from EU vegetable oil industry association Fediol, which confirmed the data after T&E’s publication. This is the first time that the sources of biodiesel in Europe have been made public.
The pace of global warming appears to be increasing, with figures from the US space agency Nasa showing that this year saw the hottest April on record, and the last seven months have broken global temperature records.
A mobile app that allows travellers to compare journey times between plane, train, bus or car has released a list of 14 major European inter-city routes that are faster by rail than by plane. Train routes between Brussels-Paris and Brussels-London offer the biggest time savings – of more than three hours, according to GoEuro, a two-year-old website.
Do you know the feeling when you are having a thought that you know cannot be new but you haven’t heard anywhere before? I had it recently when I was asked to speak at a Carnegie event on a report entitled Oil Market Futures. Essentially the report and event revolved around the question on what ‘Paris’ can mean for future oil prices. And the answer is: a lot. If the world indeed follows through on its climate action commitments, the oil price in 2040 would be 24% lower than under business-as-usual.
The EU’s policy of using biodiesel for transport is set to increase Europe’s overall transport emissions by almost 4% instead of cutting CO2 emissions, according to a new analysis of the European Commission’s latest study on biofuels. These extra emissions are equivalent to putting around 12 million additional cars on Europe’s roads in 2020, the analysis by T&E finds. These findings take into account the EU’s 7% cap on the contribution of biofuels produced from food crops.
There is broad support among EU environment ministers for new CO2 standards for trucks and strengthened CO2 standards for cars. A large number of those attending an informal council of transport and environment ministers in Amsterdam last month said the measures would be required to ensure the necessary transition towards a low and zero emission transport sector in 2050 in order to combat climate change, air pollution and ‘green’ Europe’s economy.