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

Green Car Congress

The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. Coal emerges as the biggest loser in the long run.

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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. Annual investment in the global renewables industry had grown from $16.5

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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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Experts predict that by the year 2060 global warming, if left unchecked, could result in a temperature rise of seven degrees Fahrenheit higher than temperatures before the Industrial Revolution when man started widespread use of coal and other fossil fuels. The fact is, about half the world’s electricity comes from coal. Vonortas, N.