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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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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. thousand terawatt-hours in 2018, up from 6.4 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.

Coal 243
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DOE releases five-year strategic plan, 2014-2018; supporting “all of the above” energy strategy

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The US Department of Energy (DOE) released its five-year 2014-2018 Strategic Plan. Leverage increased private sector financing for deployment of “all of the above” energy technologies. Contribute to international efforts to address global climate change. watt utility, $2.37/watt watt commercial, and $3.10/watt

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European Commission approves €4.7B public support scheme for advanced biomethane and biofuels in Italy

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The measure will contribute to reaching EU energy and climate change goals while limiting distortions of competition. billion) and will run from 2018 until 2022. The scheme will be financed by transport fuel retailers who are obliged by law to include a certain percentage of advanced biofuels and biomethane in their fuel blends.

Italy 296
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).

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The $32-Trillion Push To Disrupt The Entire Oil Industry

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Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies. After decades of having focused on creating maximum shareholder returns, things have changed dramatically, but maybe not for the better.

Oil 231
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Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

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Markey of Massachusetts, both Democrats, built their climate change bill last year in large measure around it. As Senators Graham, Kerry and Lieberman try to resuscitate the climate change bill by introducing a revised bill in mid-to-late April, twenty-three U.S. Representatives Henry A. Waxman of California and Edward J.

Gas 244
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Stanford Energy Modeling Forum project confirms carbon pricing can be effective way to curb GHG emissions

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The EMF 32 project , which launched in 2014, is an ongoing modeling exercise intended to assess emissions, energy and economic outcomes from a plausible range of US policies to reduce greenhouse gases (GHGs). Now, the results of this work have been published in a special issue of the journal Climate Change Economics. Fawcett, J.

Carbon 207