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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. billion in 2018.

Coal 243
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BRIMCS countries, and especially China, outspending IEA countries in energy RDD

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Renewable energy targets and energy priority areas in the BRIMCS countries (not listed in order of importance or emphasis). The study, by the Energy Technology Innovation Policy research group at Harvard Kennedy School’s Belfer Center for Science and International Affairs, found that a minimum of $13.8 Data: Kempener et al.

China 199
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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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This reform will not apply to our support for clean energy, renewables, and technologies that dramatically reduce greenhouse gas emissions. We ask the international financial institutions to offer support to countries in this process.

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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

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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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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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The International Energy Agency, for example, now considers 4°C and 6°C scenarios as well as 2°C in their latest analysis. The pace of reducing global carbon intensity has been slow despite growing international focus on climate change. E7 economies—the BRICs (Brazil, Russia, India and China), and Indonesia, Mexico and Turkey.

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Urban transport | Two wheels good | The Economist

Tony Karrer Delicious EVdriven

Green.view New on Economist.com An altered political landscape in South Africa (EIU ViewsWire) Apr 28th 2009 Sri Lankas war is close to an end Apr 27th 2009 Does a new virus from Mexico threaten a global pandemic? View all comments (23) Add your comment Comment (23) Recommend (20) E-mail Share Del.icio.us