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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210
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Opinion: Everyone Is Guessing When It Comes To Oil Prices

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Predicting and diagnosing the trajectory of oil prices has become something of a cottage industry in the past year. But along with all of the excess crude flowing from the oil patch, there is also an abundance of market indicators that while important, tend to produce a lot of noise that makes any accurate estimate nearly impossible.

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

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By 2050, green hydrogen could be the cheapest production method for steel and capture 31% of the market. The next ten years could see a massive expansion of steel capacity to meet demand in growing economies, such as India. The steel industry cannot afford to wait for the 2040s to start its transition.

Hydrogen 221
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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Climate change presents major long-term risks to the global economy and to the assets in which we invest. This includes strong and sustained price signals on carbon, well-designed carbon markets and other appropriate incentives to enable private investment in clean energy. Avoid retroactivity.

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USGS records nonfuel mineral production jump of $3.6B in 2022

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Increases in production of nonfuel mineral commodities and increases in prices of some industrial minerals and minerals used to make batteries contributed to the total value of nonfuel mineral production increasing in 2022, according to the report.

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Study recommends $10B/year US federal investment in energy RD&D and a substantial price on carbon emissions; leveraging the national labs and encouraging the private sector for a clean energy future

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Our economic modeling suggests that an investment of a few extra billion per year today could develop technologies that could save the economy hundreds of billions of dollars per year by 2050 in scenarios where there are stringent policies limiting how much carbon can be emitted. —Policy Brief.

Energy 231
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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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A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries. billion, was up 36% on the previous year and came the closest ever to overhauling the total for developed economies, at $138.9 billion) and South Africa ($5.5 Investment in developing countries, at $131.3

2014 150