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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

Green Car Congress

This includes spending on renewables such as wind and solar as well as grid and other infrastructure. Energy storage might form a relatively small piece of the overall financing required, but it is a strategically critical piece of the puzzle. Global investment in technologies to help the energy transition reached a record $1.3

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

For the first three years, the carbon price will be fixed, before moving to an emissions trading scheme in 2015. From 1 July 2015, the carbon price will be set by the market. However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. a year in real terms.

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EPRI assesses status of 8 key power generation technologies for US; estimates of capital cost and levelized cost of electricity

Green Car Congress

LCOE calculations are based on assumptions regarding future unit operations, operating costs, fuel prices, financing terms, and inflation. Representative Cost and Performance of Power Generation Technologies (2015). Source: EPRI. emissions capture and storage, new emissions controls regulations, and increasing capital costs.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

billion of final investment decisions on offshore wind projects in Europe. A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. billion set in 2011. billion, up 39% from 2013.

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Plug-in cars: Moving Forward

Plugs and Cars

The taxpayer is financing the American automakers’ survival and their future. President Obama has stated a commitment to 1 million plug-in cars by 2015. The federal consumer tax credit awaits major automaker cars that can claim them. Today the federal government holds the cards. Will we get our money’s worth?

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