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Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

Green Car Congress

Focusing on Kenya, Dr. Fulton warned that with rapidly increasing motorisation, that country’s total fuel bill could reach $75 billion by 2030 with devastating consequences for the country’s economy. The most important price signal that will spur consumers to save fuel is a tax on that fuel; Set fuel economy standards.

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The Global Outlook of Electric Vehicles

Blink Charging

Consumer solutions Without a doubt, the biggest steps to helping consumers adopt EVs are government-backed programs like tax credits for EVs, funding for EV charging infrastructure expansion, enacting bans on internal combustion engines, and setting goals for EV adoption. As part of the Infrastructure Investment and Jobs Act (IIJA), $7.5

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Pike Research forecasts global geothermal power capacity could more than double by 2020; US to lead world in geothermal power capacity through 2020

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Currently the vast majority of capacity is concentrated in just seven countries, but additional support from global financial markets and enhanced regional cooperation by institutions such as the World Bank and ARGeo, in Africa, will drive the development of new capacity in promising markets such as Kenya, Indonesia, and Turkey.

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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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billion) were all in the top 10 of investing countries while more than $1 billion was invested in Indonesia, Chile, Mexico, Kenya and Turkey. In the US there is uncertainty over the future of the US Production Tax Credit for wind, but costs are now so low that the sector is more insulated than in the past. billion), India ($7.4

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