Remove 2016 Remove Coal Remove Solar Remove Stimulus
article thumbnail

IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

Green Car Congress

IRENA’s macroeconomic analysis suggests that such investment creates a stimulus that, together with other pro-growth policies, will: boost global GDP by 0.8% The buildings, industry and transport sectors need more bioenergy, solar heating and electricity from renewable sources that substitute conventional energy. Around US$3.5

Renewable 199
article thumbnail

Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

mpg by 2016. The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. These companies have sunk costs invested in coal, gas and oil plants and are content in maximizing the return on these investments.

Renewable 220
article thumbnail

NYC Goes EV

Revenge of the Electric Car

billion in stimulus grants to the industry. Under its plan, a manufacturer would receive a credit for 0 grams of carbon dioxide emission only for the first 200,000 electric vehicles it produces by 2016. If the power plants are going to be fueled by coal we’re going to be worse off than if we fuel them by gas,&# said Zupan.