Remove 2015 Remove Africa Remove Economy Remove Financing
article thumbnail

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

Across all emerging markets surveyed, 2018 investment fell to $133 billion, lower than not just the 2017 total but the 2015 figure as well. Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies. —Ethan Zindler, head of Americas at BNEF.

Coal 243
article thumbnail

Summary of decisions from Durban climate conference

Green Car Congress

Countries meeting in Durban, South Africa, managed to deliver an agreement after an extension to negotiations. as possible, but not later than 2015. Parties to this second period will turn their economy-wide targets into quantified emission limitation or reduction objectives and submit them for review by 1 May 2012.

Climate 294
article thumbnail

Baker Institute expert suggests assumptions about oil’s influence on politics in the Middle East should be reversed

Green Car Congress

But recently the countries of the Middle East and North Africa have become recognized as important centers of energy demand. Oil helped finance their emergence from colonial rule and, at times, guided the placement of national borders to encompass known oilfields. —Jim Krane. —Jim Krane.

Oil 150
article thumbnail

Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

Energy is the foundation of Russia, its economy, its government, and its political system. According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 billion respectively).

Russia 150
article thumbnail

Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

Green Car Congress

Developed countries would reach agreement with emerging economies such as Brazil, China, and India as to whether or not emerging economies should set emissions reduction targets. Financing of adaptive measures would be prioritized for the most vulnerable countries, such as small island states and sub-Saharan African nations.

Climate 236
article thumbnail

Navigant Research forecasts new EV global sales of > 346,000 units in 2014; 10 predictions for the year

Green Car Congress

North America, Europe, and Asia Pacific will continue to drive PEV sales, as the technology will have only limited availability in the emerging markets of Latin America and Africa. Navigant’s 10 predictions of significant trends shaping the PEV market in 2014 are: Click to enlarge. Nonetheless, 2014 may be a breakout year for e-motorcycles.

2014 346
article thumbnail

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

Additional highlights of the 9 th annual Global Trends in Renewable Energy Investment 2015 report include: China saw by far the biggest renewable energy investments in 2014—a record $83.3 billion, was up 36% on the previous year and came the closest ever to overhauling the total for developed economies, at $138.9

2014 150