Remove 2017 Remove Coal Remove Market Remove Solar
article thumbnail

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

Coal 243
article thumbnail

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. trillion of that going to wind and solar and a further $1.5 NEO 2018 sees $11.5

Wind 220
article thumbnail

EIA: CO2 emissions from US power sector have declined 28% since 2005

Green Car Congress

EIA calculated that CO 2 emissions from the electric power sector totaled 1,744 million metric tons (MMmt) in 2017, the lowest level since 1987. Source: US EIA, US Energy-Related Carbon Dioxide Emissions , 2017. per year, US power sector CO 2 emissions in 2017 would have been about 654 MMmt more than actual 2017 levels.

2005 414
article thumbnail

EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

Green Car Congress

CO 2 emissions from coal fell by 14.6%, the largest annual percentage drop in any fuel’s CO 2 emissions in EIA’s annual CO 2 data series dating back to 1973. The United States now emits less CO 2 from coal than from motor gasoline. Source: US Energy Information Administration, Monthly Energy Review.

2019 273
article thumbnail

IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

Green Car Congress

Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. trillion in 2018, a level similar to 2017.

2018 191
article thumbnail

Study: air pollution caused 1.1M deaths across Africa in 2019, toll from outdoor pollution rising

Green Car Congress

million people worldwide in 2017, the paper notes. Specific recommendations include: Invest in clean renewable energy, in particular taking advantage of solar and wind power resources and reducing reliance on coal, oil, and gas. Only AIDS causes more deaths. billion IQ points across the continent.

Africa 397
article thumbnail

BP Energy Outlook: 30% growth in global demand to 2035; fuel demand continues to rise, even with EVs & fuel efficiency

Green Car Congress

The 2017 edition of the BP Energy Outlook , published today, forecasts that global demand for energy will increase by around 30% between 2015 and 2035, an average growth of 1.3% The Outlook looks at long-term energy trends and develops projections for world energy markets over the next two decades.

Fuel 150