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IRENA report says tripling renewables investment required to reach 2050 climate goal

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Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

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Volvo C40 Recharge LCA highlights huge potential of manufacturing and charging EVs with clean energy

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Volvo Cars has published a lifecycle analysis report on its second fully electric car, the C40 Recharge, which shows the potential CO 2 reductions if a car is built and charged using clean energy sources. However, a significantly lower carbon footprint is achieved when charging the car with renewable electricity, such as wind power.

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Clean Energy goals 100% renewable natural gas at its stations by 2025

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Clean Energy Fuels Corp. has set goals to offer Zero-Carbon Redeem renewable natural gas (RNG) at all of its fueling stations by 2025. Zero-Carbon is based on the average carbon index score (approved by the California Air Resources Board) of Clean Energy’s fuel supply portfolio. Littlefair, president and CEO, Clean Energy.

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3 Oil Majors That Bet Big On Renewables

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Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. 1 Equinor. 2 Total SA.

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Cal ISO: California grid battery storage increased nearly 20x since 2019 to 5,000MW; projected to hit 52,000 MW by 2045

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Source: California Energy Commission The latest data from the California Energy Commission (CEC) shows that in 2021 more than 37% of the state’s electricity came from Renewables Portfolio Standard (RPS)-eligible sources such as solar and wind, an increase of 2.7% Senate Bill 100 (2018) accelerates the RPS goal to 60% by 2030.

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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 Inflows to clean energy projects in India and Brazil slipped $2.4 thousand in 2017. The decline was not confined to China, however.

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Bosch, Shell, and Volkswagen develop renewable gasoline with 20% lower CO2; rollout of Blue Gasoline this year

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The new fuel, called Blue Gasoline, similarly contains up to 33% renewables, ensuring a well-to-wheel reduction in carbon emissions of at least 20% per kilometer driven. On the road to climate-friendly mobility, we must ensure we don’t leave any technical opportunities untapped, starting with electromobility and ending with renewable fuels.

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