Remove Africa Remove Cheap Remove Coal Remove Wind
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. trillion of that going to wind and solar and a further $1.5

Wind 220
article thumbnail

War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

The continent was mostly powered by locally mined coal until the 1950s, when imports of cheap Middle Eastern oil started transforming the energy picture. produced fuels was further reduced by an accelerated shift away from coal, which in 2020 was down to 11 percent of primary supply, from 18 percent in 2000. Consumption of E.U.-produced

Ukraine 123
article thumbnail

Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

His people at MidAmerican have studied clean technologies like batteries and wind power for years because of the threat of climate change. They generate fewer greenhouse gas emissions than cars that burn gasoline, and they have lower fuel costs, even when oil is cheap. Electric cars will be one answer.

BYD 62
article thumbnail

Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution

Green Car Congress

Cap-and-trade was first tried on a significant scale twenty years ago under the first Bush administration as a way to address the problem of airborne sulfur dioxide pollution–widely known as acid rain–from coal-burning power plants in the eastern United States. Cheap debt issuance alone, even if backed by the full faith and credit of the U.S.

Gas 244