Remove 2004 Remove Cheap Remove Climate Remove Grid
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. Coal’s share in primary energy in 2017 fell to 27.6%, the lowest since 2004. Coal emerges as the biggest loser in the long run. levels below 450 parts per million.

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

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billion in 2004 to $117 billion 2007 with the first three quarters of 2008 averaging 29% higher than 2007. In general, the sponsor’s goal is to use as much cheap debt financing and as little equity as possible to complete the deal. By the time REFF West occurred in October 2008 the climate had changed dramatically.

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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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Oceans, already expanding from warmth and melting glaciers, would rise, increasing coastal flooding; a chain reaction of climate changes is projected to lead to harsher, more widespread droughts and more powerful storms. Lomborg estimates that for every dollar spent, the world will avoid only about two cents of climate damage.