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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60

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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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That is, owners will not start using new fuels if infrastructure is not available, and energy providers will not finance expensive infrastructure without first securing customers. DNV GL expects significant growth in hybrid ships, such as harbor tugs, offshore service vessels, and ferries after 2020.

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VW Chief Executive Says Company Will Introduce EVs Based on the Up! New Small Family in 2013; Cautions Against Electro-Hype

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We have rock-solid finances. The perspective of rising oil prices is a turboboost for a change in customer behavior, he said. in pure electric vehicles in 2020. Every electric car is ultimately only as climate-friendly as the generation of electricity it uses. We have nine strong brands that work well together.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

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I haven’t heard any discussion of hydrogen since the Bushadministration was getting ready to leave,” said Dan Becker ,director of the Safe Climate Campaign , a group in Washingtonthat works for environmentally “clean” cars. “It Oil prices are going to go up. It looks likehydrogen has lost at this stage.”

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Under the central New Policies Scenario, automotive sales in non-OECD markets exceed those in the OECD by 2020, with the center of gravity of car manufacturing shifting to non-OECD countries before 2015. Short-term pressures on oil markets are easing with the economic slowdown and the expected return of Libyan supply. —WEO 2011.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

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Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. Additionally, consumers are likely to opt for more economical choices when possible, avoiding premium consumer goods.

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