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. Coal’s share in primary energy in 2017 fell to 27.6%, the lowest since 2004.

Wind 220
article thumbnail

Europe Expands Virtual Borders To Thwart Migrants

Cars That Think

If it were legal to deliver rescued migrants to Libya, it would be as cheap as sending rescue boats a few extra kilometers south instead of east. In early 2017, in the forest highlands of eastern Guinea, a man I’ll call Jacob began a journey that would take him across five Saharan countries and multiple failed sea crossings.

Europe 142
article thumbnail

IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

Reliance grows on a small number of producers: the increase in output from Middle East and North Africa (MENA) is over 90% of the required growth in world oil output to 2035. Oil and the Transport Sector: Reconfirming the End of Cheap Oil. World transportation oil demand by mode in the New Policies Scenario.

Oil 247
article thumbnail

Bezos Bucks? Get Ready for Corporate Digital Currency

Cars That Think

With its efforts on Libra, Facebook drew a compelling picture of the plight of those excluded from banking—not only in sub-Saharan Africa but also in South Central Los Angeles and the South Side of Chicago. To see how this works, let’s start with Filecoin , which raised $257 million in 2017 in its ICO.