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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion) and South Africa ($5.5 billion, helped by the recovery in sector share prices between mid-2012 and March 2014, and by the popularity with investors of US “yieldcos” and their European equivalents, quoted project funds. Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2

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Bank of America: Oil Demand Growth to Hit Zero Within a Decade, EVs the Culprit

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“I fully anticipate we’re going to keep a lot of pressure on that cobalt production,” Ted Miller, head of energy storage strategy and research at Ford, said at a mining event in South Africa. Slower economic growth would put a dent in oil prices via lower demand, but a lower price itself could keep consumers hooked.

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