Remove Cheap Remove Coal Remove Cost Of Remove Personal
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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix. Get started here. –

Asia 52
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Ninth annual Green Innovation Index finds California light-duty vehicle emissions spike; major challenge to 2030 climate goals

Green Car Congress

Between 2006 and 2015, California’s GDP per capita grew by almost $5,000 per person, nearly double the growth experienced by the US as a whole. While the%age increase in VMT was roughly in pace with population increase, as the cost of driving went down it appears some people abandoned public transportation for driving.

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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

For example, rich countries such as Germany can throw billions of dollars at their coal sector to ease their transition pain, offering generous financial aid to lignite-producing regions. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas.

Carbon 207
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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

Oil and the Transport Sector: Reconfirming the End of Cheap Oil. The transport sector—which depends almost entirely on oil products, with 93% of all the fuel used in the sector being oil-based in 2010—remains the main driver of global oil demand as economic growth increases demand for personal mobility and freight.

Oil 247
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The sponsor is the person who is responsible for the overall execution and has the greatest risk/reward. In general, the sponsor’s goal is to use as much cheap debt financing and as little equity as possible to complete the deal. Generally, there are three parties involved: The sponsor or developer, equity investors and debt lenders.

Financing 150
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Greentech Media | ECOtality CEO: Fast Charging and Why Battery Swapping Is Doomed

Tony Karrer Delicious EVdriven

Electricity costs are relatively inexpensive. Given the cost of oil and the economic, geopolitical and ecological effects of our continued reliance on petroleum, electric transportation will be cheap. by: Jonathan Read, President and CEO, ECOtality June 24, 2008 ECOtality CEO Jonathan Read.

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

The vision is fuelled by the fear of climate change and the need to find green alternatives to dirty coal, unpopular nuclear power and unreliable gas imports from Russia. Are we going to burn more oil, natural gas, or (gasp) coal to produce it? At current transportation battery prices, that is well beyond the cost of spinning reserve.

Grid 47