article thumbnail

Biden Administration launching offshore wind offensive

Green Car Congress

The Biden Administration announced a series of measures to support rapid offshore wind deployment, including designation of a new wind energy area and targeting the deployment of 30 GW of offshore wind by 2030. New Wind Energy Area. Deploying 30 GW of Offshore Wind by 2030.

Wind 199
article thumbnail

SMUD Board of Directors adopts climate emergency declaration; carbon neutrality by 2030

Green Car Congress

The SMUD (2020 Sacramento Municipal Utility District) Board of Directors adopted a climate emergency declaration that commits to working toward an ambitious goal of delivering carbon-neutral electricity by 2030.

Carbon 268
article thumbnail

LLNL’s Energy Flow Diagrams Show That The US Isn’t Moving The Needle On Climate Action

CleanTechnica EVs

In 7 years of electrification and deployment of wind and solar, the US barely budged the needle, in fact declining slightly to more wasted energy in 2016 and 2017 before improving again in 2018 and onward.

Energy 141
article thumbnail

Volvo Cars? Chengdu car plant powered by 100% renewable electricity; 65% hydropower

Green Car Congress

It is the latest concrete step towards Volvo Cars’ ambition to have climate-neutral manufacturing by 2025, part of a wider climate plan that aims to reduce the overall carbon footprint per car by 40% between 2018 and 2025. By 2040, Volvo Cars aims to be a climate-neutral company. Hydropower station dam in Chengdu.

Volvo 389
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. NEO 2018 sees $11.5 NEO 2018 sees $11.5

Wind 220
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

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. BIT:ENI) recently unveiled what has been hailed as the most ambitious climate pledge yet by an oil supermajor. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio.

Oil 418