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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. CO 2 emissions from coal use are expected to grow 1.0% [0.2% Fossil CO 2 emissions in the USA are projected to increase by 1.5% (range -1.0%

Global 221
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Saskatchewan and Montana Partner on Major Carbon Capture and Storage Project

Green Car Congress

Governor Schweitzer and Premier Wall agreed that the international carbon capture and storage demonstration project will also help address national policy priorities in both countries including the development of near zero, sustainable energy technologies; continental energy security and economic stimulus to support the North American economy.

Montana 150
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PwC industry survey provides check-up on determining factors for EV success

Green Car Congress

The survey addresses a range of topics relevant to the success of plug-in electric drive vehicles, including product design (i.e., This is already a reality as governments around the world have offered billions of dollars in the form of loans, grants, and rebates through various stimulus programs. Nearly 68.8%

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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon.

Renewable 220
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Generally, tax equity investors expect a return in the 8-12% range.

Financing 150
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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

Green Car Congress

Further significant cost reductions across the range of renewables and enabling technologies will be major drivers for increased investment, but cumulative additional investment would still need to amount to US$29 trillion over the period to 2050. Coal use would decline most rapidly. Click to enlarge.

Renewable 199
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NYC Goes EV

Revenge of the Electric Car

All-electric cars, like the upcoming Nissan Leaf, have a range of about 100 miles and are powered by electric motors instead of the gas-powered internal combustion engine found in most current cars. billion in stimulus grants to the industry. The city’s overall emissions that year totaled 53.3 roads by 2015 and has provided $2.4