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European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

Green Car Congress

As part of the action plan, the sector calls for coordinated vehicle renewal schemes for all vehicle types and categories across the EU. Demand stimulus will boost the utilization of our manufacturing capacity, safeguarding jobs and investments. Introduce immediate vehicle renewal schemes for all vehicle categories across the EU.

Renewable 207
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California Governor Schwarzenegger Announces 244 Proposed Renewable Energy Projects Throughout State; Up to 69,925 MW of Capacity

Green Car Congress

California Governor Arnold Schwarzenegger announced the first comprehensive list of 244 proposed renewable energy projects that could produce up to 69,925 MW of clean energy annually. Currently California facilities produce just more than 8,000 MW of renewable energy annually.

Renewable 264
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Report: total investment of $8.1T in nature required over next 3 decades; tripling current investments needed by 2030

Green Car Congress

The report finds that annual investments in nature-based solutions (NbS) will have to triple by 2030 and increase four-fold by 2050 from the current investments of $133 billion (using 2020 as base year). of projected economic stimulus spending. The report says that structural transformations are needed to close the US$4.1-trillion

Financing 296
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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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The increase in fuel consumption we are forecasting for the summer driving season is a reflection of optimism about the US economy as COVID-19 vaccinations and fiscal stimulus support continued recovery. million b/d from March 2020. million b/d from 2020. MMBtu in 2020 to $3.31/MMBtu gal last summer. million b/d.

2019 186
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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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It also calls on the G7 to “ make a collective commitment to double climate finance ” and to lead on ensuring that the rich countries “ deliver on and go beyond ” their commitment to mobilise $100 billion per year by 2020 from public and private sources to support developing countries in tackling climate change. The report says that $1.5-1.7

Global 170
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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On December 16, 2010 the US DOE Energy Information Agency (EIA) published a report projecting that renewable energy will still only constitute 12 percent of the USA’s energy sources by 2035. In France, renewable energy consumption will be 20 percent by 2020. EIA projections of renewables penetration. Source: EIA.

Renewable 220
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Billion vs. $28.3 Billion in 2008). . Billion in 2008). Earlier post.).

Financing 150