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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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Across all emerging markets surveyed, 2018 investment fell to $133 billion, lower than not just the 2017 total but the 2015 figure as well. Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies.

Coal 243
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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.).

Obama 249
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Deutsche Bank CCA report highlights Chinese global leadership toward a low-carbon economy; 12th Five-Year Plan

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The many new and expanded strong policy initiatives and green targets in China’s 12 th Five year Plan, released on 5 March 2011, provide “ clear evidence ” that China’s low-carbon policies remain global best-in-class, according to a new report from DB Climate Change Advisors (DBCCA). Source: DBCCA.

Carbon 220
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Summary of decisions from Durban climate conference

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Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. as possible, but not later than 2015. Parties to this second period will turn their economy-wide targets into quantified emission limitation or reduction objectives and submit them for review by 1 May 2012.

Climate 294
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Global companies form below50 to scale up low-carbon sustainable fuels; Audi in from automotive sector

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The campaign will centralize resources and dialogue; produce a go-to resource for regulators and policymakers; create a marketplace for companies across the supply chain; and host regional road shows to engage financers, policymakers and companies, as well as explore how to regionally scale sustainable fuel technology.

Carbon 150
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UCLA/UC Berkeley law schools release policy paper on actions required to stimulate long-term, mass-adoption of electric vehicles; leveraging California

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California has a strong interest in promoting the adoption of electric vehicles, based on the benefits to the economy, environment, and quality of life. Plan for and facilitate deployment of a well-planned and easy-to-use charging infrastructure network. —“Electric Drive by ’25”. The author of this policy paper is Ethan N.

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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

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Developed countries would reach agreement with emerging economies such as Brazil, China, and India as to whether or not emerging economies should set emissions reduction targets. Financing of adaptive measures would be prioritized for the most vulnerable countries, such as small island states and sub-Saharan African nations.

Climate 236