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

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

Financing 150
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Good news – the world has a real chance of achieving its goal of tripling renewables by 2030

Baua Electric

Solar and wind account for 95% of the expansion, with renewables overtaking coal to become the largest source of global electricity generation by early 2025. Birol said that “success will hinge” on scaling up financing for emerging and developing economies.

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Natural EV capitalism

Electric Auto Association

John Martinson with other Scottsdale EVA members at a recent outreach event. I even got him to buy a Tesla,” said Martinson, explaining that Hirt was an advisor and co-producer of the ARP film, Nation in Transition , an examination of the coal-to-renewables transition on the Navajo Nation and across northern Arizona.

EV1 99
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Member of Swiss National Councils fills up with sunfire solar diesel to call attention to need for regulatory reform

Green Car Congress

In an event in Bern, Switzerland, Swiss National Council member and president of the Clean Fuel Now initiative Thomas Böhni filled up his Audi A2 with 100% synthetic diesel (Audi e-diesel) produced by sunfire GmbH to draw attention to the need to remove what he terms unjustified Swiss restrictions on synthetic fuels. Earlier post.).

Diesel 150
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MIT researchers conclude fundamental changes in the US energy-innovation system are needed to meet challenges of climate change and energy supply

Green Car Congress

Yet recent events also reveal and important truth that advocates of the need for a low-carbon energy transition must face. Since coal and natural gas represent about 70% of all electricity generation nationally, finding cost-effective ways of replacing those fuels and mitigating their emissions will be critical, the book says.

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GSI/UNEP conference report finds fossil-fuel subsidy reform complex and challenges sobering; ~1% of global GDP spent on fossil-fuel subsidies

Green Car Congress

In 2008, a report by UNEP called for the elimination of fossil-fuel subsidies, concluding that such subsidies often lead to increased levels of consumption and waste; place a heavy burden on government finances; can undermine private and public investment in the energy sector; and do not always end up helping the people who need them most.

Fuel 240
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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

The use of coal—which met almost half of the increase in global energy demand over the last decade—rises 65% by 2035. Prospects for coal are especially sensitive to energy policies – notably in China, which today accounts for almost half of global demand. billion, around 20% of the world’s population. —WEO 2011.

Oil 247