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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases. Today’s new plants are tomorrow’s retrofits.

Hydrogen 221
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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report calculates the cost of producing electricity from different types of new power plants. 2010 and 2015 LCOE ranges for solar and wind technologies. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

Cost Of 150
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. The OECD represents the developed economies.

Energy 252
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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

Green Car Congress

Australia is the world’s largest exporter of coal and one of the world’s highest per-capita emitters of greenhouse gases. Although technological yield gains had offset the losses, the study established a clear and simple correlation between increasing temperatures and crop yields. “It has implications for us.

Climate 236
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We Need More Than Just Electric Vehicles

Cars That Think

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. Manufacturing an EV battery using coal-based electricity results in more than three times the greenhouse-gas emissions of manufacturing a battery with electricity from renewable sources.