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IRENA: doubling global share of renewable energy by 2030 could save trillions annually from avoided expenditures on pollution and climate change

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Doubling the share of renewables in the global energy mix by 2030 can save up to US$4.2 trillion annually by 2030—15 times more than the costs— according to a new report by the International Renewable Energy Agency (IRENA). Under existing national plans, the global renewables share would only reach 21% by 2030.

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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). Global landscape of renewable energy finance in 2017-2018. C objective by mid-century.

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CalSEED awards $4.2M to early-stage clean energy innovations

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They will create an EV climate loan and lending platform that saves most drivers more than $200 per month on an electric car loan by incorporating thousands of dollars in EV rebates and incentives into the upfront financing of each car. the cost of energy storage?by Innovasion Labs PINC, Inc. is developing a?rechargeable technology?that

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UK launches new $1.6B commercialization program for Carbon Capture and Storage (CCS) and first UK CCS Roadmap; making a play for global leadership

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The UK Department of Energy and Climate Change (DECC) has launched a new competition for Carbon Capture and Storage (CCS) technology to drive down costs by supporting practical experience in the design, construction and operation of commercial scale CCS ( CCS Commercialization Programme ) with £1 billion (US$1.6 billion [US$10.4

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SolarCity and Honda to finance $50M more in solar projects for Honda and Acura customers and dealerships

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The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the US. SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The $50-million fund is a follow-up to a $65-million fund the companies created in 2013.

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IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

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However, the report advises, long-term solutions to global challenges remain scarce; as one example, the report sees global CO 2 emissions rising by 20% to 37.2 The shift in global energy demand to Asia gathers speed, but India and countries in Southeast Asia will take the lead in driving consumption higher. Gt by 2035.

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McKinsey Report Finds 47% Reduction in Global Automotive Emissions Feasible by 2030; Timely Action By All Stakeholders Required

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Global passenger vehicle CO 2 emissions and abatement potential under three primary scenarios. gigatons) relative to a ‘do nothing’ scenario, even in the context of ongoing growth in the global vehicle parc. gigatons) relative to a ‘do nothing’ scenario, even in the context of ongoing growth in the global vehicle parc.

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