article thumbnail

Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

Green Car Congress

Toyota Tsusho and Orocobre have been long-term partners in the development of the Salar de Olaroz Lithium Facility in Jujuy Province in northern Argentina, a lithium brine project, which was brought into successful production in 2014. Demand growth to date has seen the lithium price more than doubled in the past few years.

Toyota 207
article thumbnail

G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.

article thumbnail

IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. Uncertainty lingers over Argentina, Brazil, Chile and Venezuela for 2015. As a result, IHS Automotive is expecting 2015 sales in Argentina of roughly 500,000 units. million units.

2015 150
article thumbnail

DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

Green Car Congress

That is, owners will not start using new fuels if infrastructure is not available, and energy providers will not finance expensive infrastructure without first securing customers. Breaking this deadlock will require a coordinated, industry- wide effort and the political will to invest in the development of new infrastructure.

article thumbnail

PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

Green Car Congress

—Leo Johnson, Partner, Sustainability and Climate Change, PwC. Resilience will become a watch word in the boardroom—to policy responses as well as to the climate. The new reality is a much more challenging future in terms of planning, financing and predictability. —PwC report.

article thumbnail

China’s new energy buses are re-exported to Europe

Setec Powerr

Per Thorsell, CEO of Bergkvarabuss, said: “As one of the largest bus companies in Sweden, it is vital that we participate and lead the entire transport industry, and the development of electrified public transport is one of the key steps in tackling climate change and achieving green development.

Europe 40
article thumbnail

California Goes To Hell In A Handbasket But Greenius Says AB 811 is Our Route To Green Heaven

Creative Greenius

And damned if California isn’t going to score like a horny Republican Governor on Viagra in Argentina. Since it provides easy financing for solar PV and energy efficiency, AB 811 fits into all this like a hand-in-glove. See, California’s AB 811 is all about funding solar energy and energy efficiency for property owners.