2008 Cost Of Oil South America 
Green Car Congress
JANUARY 17, 2015
The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.
Green Car Congress
SEPTEMBER 20, 2012
Two new reports—one on technology, the other on policy— released by the International Energy Agency (IEA) outline pathways to improve the fuel efficiency of combustion-engined road vehicles by 50% by the middle of the century, saving as much as four-fifths of current annual global oil consumption. Source: Technology roadmap.
Green Car Congress
JANUARY 6, 2010
The bill mandated ambitious production targets of 9 billion gallons of biofuels a year in 2008, rising to 36 billion gallons a year by 2022. Based on the latest available US Government Accountability Office data (2008) the US government spent $4 billion in subsidies to replace about 2% of the US gasoline supply.
Green Car Congress
AUGUST 30, 2009
The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.
Tony Karrer Delicious EVdriven
APRIL 16, 2009
BYD makes about 80% of Motorolas RAZR handsets, as well as batteries for iPods and iPhones and low-cost computers, including the model distributed by Nicholas Negropontes One Laptop per Child nonprofit based in Cambridge, Mass. Revenues, which have grown by about 45% annually during the past five years, reached $4 billion in 2008.
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