Remove 2000 Remove Available Remove Coal Remove Cost Of
article thumbnail

Perspective: Despite Solyndra’s death, the future of solar energy is sunny

Green Car Congress

Remember when the dot.com bubble burst in 2000 and, seemingly overnight, some companies ceased making millions hand-over-fist? With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh

Solar 246
article thumbnail

IPCC: GHG emissions accelerating despite mitigation efforts; major institutional and technological change required to keep the heat down

Green Car Congress

giga tonne carbon dioxide equivalent (GtCO 2 eq) (2.2%) per year from 2000 to 2010 compared to 0.4 GtCO 2 eq (1.3%) per year from 1970 to 2000. Total anthropogenic GHG emissions were the highest in human history from 2000 to 2010 and reached 49 (±4.5) Increased use of coal relative to other energy sources has reversed the long?

Emissions 257
article thumbnail

U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas. —Christopher Knittel.

Chicago 150
article thumbnail

ExxonMobil Outlook: 35% growth in energy demand by 2040; hybrids to account for ~50% of new vehicle sales

Green Car Congress

Vehicle penetration 2000 to 2040. This slower growth is attributed to the relatively higher cost of the vehicles, driven by the cost of batteries. Natural gas is projected to account for more than one quarter of all global energy needs by 2040 and it is expected to overtake coal as the largest source of electricity.

Oil-Sands 309
article thumbnail

DOE Awarding $620M for Smart Grid Demonstration and Energy Storage Projects

Green Car Congress

A full list by state of the all the projects is available here. This three-year project incorporates engineering of fleet control, manufacturing and installation of seven 500-kW/6-hour TransFlow 2000 energy storage systems in California, Massachusetts, and New York to lower peak energy demand and reduce the costs of power interruptions.

article thumbnail

War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

The pipeline had been completed at a cost of €9.5 The continent was mostly powered by locally mined coal until the 1950s, when imports of cheap Middle Eastern oil started transforming the energy picture. The drop was steep enough to force Germany to produce more electricity from coal than from wind in 2021. Consumption of E.U.-produced

Ukraine 115
article thumbnail

Solar Smackdown in Torrance – Installer Sues City on Behalf of the Sun

Creative Greenius

When I got back from Japan in 2000 I didn’t want to start a computer business. In 2000 there couldn’t have been too many old timers in the solar industry. And by that do you mean they were fronting the costs of the rebates and then not recouping them from the utilities? THE HOLY GRAIL OF SOLAR: $3 A WATT, CHEAPER THAN COAL.

Solar 210