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Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

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Norwegian startup Blastr plans €4B green steel plant in Finland

Green Car Congress

Norwegian startup Blastr Green Steel is planning to establish a green steel plant with an integrated hydrogen production facility in Inkoo, Finland. Blastr’s project—the green steel plant together with the integrated hydrogen facility—will be among the largest industrial investments in Finland.

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Study estimates fuel economy improvements to US light-duty vehicles from 1975–2018 saved 2T gallons of fuel, 17B tons of CO2

Green Car Congress

Greene et al. Since 1975, the test-cycle fuel economy of light-duty vehicles (passenger cars and light trucks) sold in the U.S. —Greene et al. This step provided a limited validation of both the EPA’s new car fuel economy estimates and the FHWA’s total on-road light-duty vehicle fuel economy estimates.

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EEA: average CO2 emissions from new cars and new vans in Europe increased in 2018

Green Car Congress

According to provisional data published by the European Environment Agency (EEA), the average CO 2 emissions from new passenger cars registered in the European Union (EU) in 2018 increased for the second consecutive year, reaching 120.4 g CO 2 /km in 2018. Vans registered in the EU and Iceland in 2018 emitted on average 158.1

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bp & Ørsted to produce green H2 at Lingen refinery; industrial-scale electrolyzer powered by offshore wind

Green Car Congress

project for industrial-scale production of green hydrogen via the electrolysis of water using ?renewable In their proposed Lingen Green Hydrogen project, the two firms intend to build an initial 50 ?megawatt energy, this produces ‘green’ hydrogen, without generating direct carbon emissions. ?Hydrogen operational by 2024.

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EPA annual inventory shows US GHG up 3.1% from 2017-2018

Green Car Congress

The 2020 edition of US Environmental Protection Agency’s (EPA) comprehensive annual report on nationwide greenhouse gas (GHG) emissions shows that emissions increased from 2017 to 2018 by 3.1% (after accounting for sequestration from the land sector). Source: EPA. >. The number of vehicle miles traveled (VMT) by light-duty vehicles (i.e.,

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2018-2023 Nissan Leaf EV recalled for cruise-control acceleration flaw

Green Car Reports

Nissan is recalling 2018-2023 Leaf electric cars to address a potential issue that could cause vehicles to accelerate unintentionally after using cruise control. The recall covers Leafs manufactured from September 29, 2017, to March 15, 2023, according to the National Highway Traffic Safety Administration (NHTSA).

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