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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

Green Car Congress

Wind project financing was up 16% from 1H 2021, at $84 billion. Both sectors have been challenged recently by rising input costs for key materials such as steel and polysilicon, as well as supply chain disruptions and rising financing costs. It also invested $58 billion in new wind projects, up 107% year-on-year.

Financing 243
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UN report finds world needs incremental $1.9 trillion invested in green technologies to avert planetary catastrophe; global per capita cap on primary energy consumption of 70 GJ/yr may be required

Green Car Congress

The past decade was the first in two centuries with increasing CO2 emissions intensities, owing to a “coal revival”, in contrast with the rapid conversion to natural gas in the 1990s. These trends, which are diametrically opposed to declared greenhouse gas mitigation goals and targets, are by no means limited to emerging economies.

Global 338
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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

Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. So as incomes rise—especially in the emerging economies—the size of the global car fleet will inevitably rise in the long term.

Oil 247