Continuous growth in India's CO2 emissions.
After three years of stagnation linked to weak economic growth, reductions in energy intensity and changes in the fuel mix, global CO2 emissions grew by 2.1% in 2017. CO2 emissions remained stable in the United States, in line with its energy consumption, but the strong economic growth pushed China’s coal consumption – and CO2 emissions – upward, despite its coal-to-gas switching policy that had maintained its emissions stable since 2014.
The global economic growth helped raise energy consumption and CO2 emissions in most countries, such as India, Russia, Japan, South Korea, Canada or Iran. Adverse hydropower conditions also contributed to the increase in Brazil and Europe (significant 1.9% increase in 2017 compared with a -1.9% average decrease in the past decade; emissions grew particularly in Turkey (higher use of coal), Germany, Spain, Poland and France but fell in the United Kingdom against higher renewable generation.
Conversely, CO2 emissions decreased in Mexico and in Ukraine, where coal consumption was cut by a higher nuclear generation.
Based on its 2017 data for G20 countries, Enerdata analyses the trends in the world energy markets.Download the publication
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The Italian oil and gas company Eni has signed a cooperation agreement with its Algerian counterpart Sonatrach to tap hydrocarbon resources in the Berkine basin (Algeria). Besides, they also agreed the commercial conditions for the 2018-2019 year in line with the gas market and have started negotiation to look into extending the gas supply shipped from Algeria to Italy beyond the contractual deadline of 2019.
The infrastructure company TransCanada has commissioned the US$1.2bn Topolobampo natural gas pipeline project in northern Mexico, which will ship 670 mcf/d (19 mcm/d or 6.9 bcm/year) to local markets in the states of Chihuahua and Sinaloa.
According to the state-run company Gazprom, exports of Russian gas to non-CIS (Community of Independent States) countries went up by 5.8% between January and June 2018 to reach 108.9 bcm. The largest hikes were reported in Germany (+12.2% or + 3.5 bcm), Austria (+52.3% or + 2.1 bcm), the Netherlands (+61.9% or +1.4 bcm), France (+12.5% or 0.8 bcm), Croatia (+45%, +0.6 bcm) and Poland (+6.7%).
The Indian Directorate General of Trade Remedies (DGTR) has recommended the implementation of a 25% safeguard importation duty on solar cell imports from China and Malaysia for a 2-year period. The proposal has not yet been approved by the government and the duty will start at 25% in the first year, then be reduced to 20% for the first six months of the second year and to 15% in the final six month period. The proposal is very similar to the safeguard duty levied by the United States in January 2018, which set up anti-dumping tariffs on imported solar cells and modules at 30% during the first year and then gradually declining to 15% after a 4-year period.