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

Green Car Congress

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.

Climate 349
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UGA study finds black carbon aerosols from GDI engines will worsen public health, climate; need for GPFs

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The market share of GDI-equipped vehicles increased from 2.3% in model year 2008 to 51% in model year 2018. A strong absorber of solar radiation, black carbon exhibits significant climate warming properties. Therefore, the climate burden of the increase in BC emissions dominates over the US, especially over source regions.

Climate 348
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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

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The paper is published in the journal Nature Climate Change. A lot of people think that a large-scale shift to EVs will mostly solve our climate problems in the passenger vehicle sector. As a test market, they chose the United States, which is second only to China in terms of passenger vehicle sales.

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T&E: Electric bus orders in Europe more than doubled to 1,031 units in 2017; ~9% share of new registrations

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T&E estimates this to be equivalent to around 9% market share of new registrations in 2018. The are currently about 1,600 electric buses are on European roads, with another 1,600 on order (as of mid-2018). VDL: 500 units. Solaris: 330 units.

Europe 391
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OECD: governments should make better use of energy taxation to address climate change; “meaningful” increases limited to road sector

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Tax rates were below the low-end estimate of climate costs (EUR 30/tCO 2 ) for 97% of emissions. The report found that the share of emissions taxed above climate costs increased from 46% in 2012 to 50% in 2015, and rates exceed €50 per tCO 2 for 47% of emissions in 2015, compared to 37% in 2012. of emissions.

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IDTechEx calculates ~31 GWh of electric vehicle markets beyond cars in 2021

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While electric cars will remain the largest electric vehicle market for the foreseeable future in terms of battery demand and market revenue generation, most transport sectors are facing a transition. There are relatively few strong market drivers for electric vehicles in construction. Electric Vehicles in Construction - 1 GWh.

Market 150
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Lyft commits to 100% EVs by 2030

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Percent of total miles completed on the Lyft platform in EVs and business-as-usual projection for California, the US leader in EV market share. Although the upfront cost of EVs today is higher than gas-powered cars, EVs have lower fuel and maintenance costs that mean lower costs for drivers over the life of the vehicle.

Denver 370