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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

Green Car Congress

Oil accounts for most of this decline as, for the first time, global consumer spending on oil is set to fall below the amount spent on electricity. This could be particularly detrimental to the outlook in some developing countries, where financing options and the range of investors can be more limited. —Dr Birol. —Dr Birol.

Global 344
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. In addition, the President has directed his Administration to purchase cleaner alternatives to HFCs whenever feasible and transition over time to equipment that uses safer and more sustainable alternatives.

Obama 249
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

The SPEG process extracts all carbon from the waste feedstock, removes all particulates and acid gases, and produces no toxins or pollution. It also solves our plastics and waste problems by turning them into green hydrogen, and does it cleaner and at costs far lower than any other green hydrogen producer. Rex Parris.

Waste 448
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Heating Buildings With Solar Energy Stored in Sand

Cars That Think

When we turn up the heat in our homes and workplaces, we must balance our personal need for warmth with the global impact of burning fossil fuels like oil, gas, coal, and biomass. These initiatives have largely focused on renewable electric power generation, distribution, and storage. The apparent contradictions do not end there.

Store 91
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Ford partners with Haier, Trina Solar and Delta Electronics to launch MyEnergi Lifestyle in China

Green Car Congress

If every home in the United States were to implement these energy-saving technologies, it would be the equivalent of taking all the homes in California, New York and Texas—32 million homes—off the power grid. Delta Electric Vehicle Charging Station. Trina Solar Photovoltaic Power Generation System. 35% reduction of PM 10.

Solar 150
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How to Hasten India’s Transition Away From Coal

Cars That Think

The country’s electricity consumption in 2019 was nearly six times as great as in 1990. costs less than fossil-fuel-based electricity. While electricity from older coal plants in India costs 2.7 In 2021, about 73 percent of the country’s electricity was produced from coal, and only 9.6 IIT Madras.

Coal 82
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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

Green Car Congress

Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. The number of people without access to electricity remained unacceptably high at 1.3 Electric vehicles. billion in 2035.

Oil 247