article thumbnail

Cargill and BAR Technologies bringing wind propulsion to bulk cargo ships

Green Car Congress

Cargill and BAR Technologies have embarked on a strategic project with naval architect Deltamarin to bring cutting edge wind propulsion technology to commercial shipping. Through this partnership we will bring bespoke wind solutions to customers who are actively seeking to reduce CO 2 emissions from their supply chain.

Wind 303
article thumbnail

Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5 BNEF sees $1.3

Wind 220
article thumbnail

BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50-billion surge for offshore wind. Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 billion, level with 2019 despite falling unit prices.

2020 259
article thumbnail

IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

Green Car Congress

Global energy-related carbon dioxide emissions were flat for a third straight year in 2016 even as the global economy grew, according to the International Energy Agency. Global emissions from the energy sector stood at 32.1 The data signal a continuing decoupling of emissions and economic activity.

Economy 199
article thumbnail

California 2017 GHG inventory shows 1.2% total drop from 2016; transportation sector emissions up 1%

Green Car Congress

In 2017, emissions from GHG emitting activities statewide were 424 million metric tons of CO 2 equivalent (MMTCO 2 e), 5 MMTCO 2 e lower than 2016 levels and 7 MMTCO 2 e below the 2020 GHG Limit of 431 MMTCO 2 e. Compared to 2016, California’s GDP grew 3.6% In-State Hydro, Solar, and Wind Electricity Generation.

2017 230
article thumbnail

Nissan cuts CO2 emissions from global corporate activities by 2% in 2013; tracking to 20% by 2016 vs. 2005

Green Car Congress

reported reducing CO2 emissions from global corporate activities in fiscal year 2013 while increasing vehicle production by 5.1%. cut in CO 2 during the year puts the company on track to achieve its goal of a 20% reduction by fiscal year 2016, compared to 2005. Nissan Motor Co.,

2005 218
article thumbnail

IEA: Global oil discoveries and new projects fell to historic lows in 2016 while US shale surged; “two-speed” market

Green Car Congress

Global oil discoveries fell to a record low in 2016 as companies continued to cut spending and conventional oil projects sanctioned were at the lowest level in more than 70 years, according to the International Energy Agency, which warned that both trends could continue this year. With global demand expected to grow by 1.2

Oil 150