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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. But like trying to turn a massive oil tanker, it takes time. The rest of the top five included Chile, Brazil, China, and Kenya, in that order. thousand in 2017.

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Wärtsilä report finds accelerated adoption of renewables can reduce electricity production costs by up to 50%

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The technology group Wärtsilä has issued a report ahead of COP26, the UN’s Climate Change Conference to be held in Glasgow this autumn, describing the environmental and economic opportunities for states that decarbonize rapidly. For example, Germany could avoid the need to import 550 TWh of power by accelerating the phase-out of coal.

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Report Finds Water Stress Rapidly Becoming Key Strategic Risk to Commerce; Impending Water/Energy Collision

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Processes such as oil extraction from sources such as tar sands and deep-water offshore oil wells, as well as the expansion of first-generation biofuels such as corn-based ethanol are setting the stage for a “ water/energy collision ” of resource management policies. Climate change. Metals and Mining.

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Global Fuel Economy Initiative launches second 3-year campaign; ICCT joins partnership

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Moreover, whilst climate change and energy security remain high on the political agenda, and countries across the globe face severe economic challenges, the potential of fuel economy to save expenditure on oil and ease international financial imbalances adds to the imperative to make greater progress.

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Toyota digs for Lithium

Revenge of the Electric Car

Concerns about carbon emissions and their impact on climate change plus high and volatile oil prices are increasing the popularity of hybrid and electric vehicles despite their higher costs. Toyota uses nickel-metal-hydride batteries for the current Prius hybrid but has decided on lithium-ion batteries for future plug-in models.

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