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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.

Climate 349
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Cologne Bonn Airport switches to Neste MY Renewable Diesel in its entire diesel-powered ground fleet

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Cologne Bonn Airport has switched to Neste MY Renewable Diesel in its diesel-powered ground fleet. Neste’s renewable diesel (also known as HVO100) is made from 100% renewable raw materials, and it is in particular used for powering large and heavy vehicles such as the airport’s fire trucks, which are not easy to electrify.

Diesel 221
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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.

Oil 418
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Ethanol production in Germany fell 12.88% last year from 2018; market share of E10 up 1 percentage point

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The German Bioethanol Industry Association (BDBe) has published the 2019 market data for the production and consumption of certified sustainable bioethanol. Sales of bioethanol were roughly on par with the previous year, with the market share of Super E10 rising by almost one percentage point to 13.7%. less than in the previous year.

2018 243
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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.

Gasoline 393
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Audi of America and Arcadia offer renewable energy subscription with e-tron or e-tron Sportback lease or purchase

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Arcadia’s technology matches home energy consumption with renewable energy sources from a variety of US wind and solar projects using renewable energy certificates, all without any installation or disruptions to their utility service. The company has set itself the goal of reducing vehicle-specific CO 2 emissions by 30% by 2025.

Audi 397
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Volvo Cars Torslanda becomes company’s first climate-neutral car plant, second in overall network

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Volvo Cars announced that its Torslanda site in Sweden is its first car manufacturing plant to reach fully climate-neutral status. This makes Torslanda the second plant in its overall manufacturing network to reach this status, after the Skövde engine plant in Sweden became climate-neutral in 2018. Torslanda plant.

Climate 221