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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). —Ethan Zindler, head of Americas at BNEF. thousand in 2017.

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BNEF: wind and solar boost cost-competitiveness versus fossil fuels

Green Car Congress

This year has brought a significant shift in the generating cost comparison between renewable energy and fossil fuels, according to detailed analysis by technology and region, published this week by Bloomberg New Energy Finance. —Seb Henbest, head of Europe, Middle East and Africa at BNEF.

Wind 150
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UN report finds world needs incremental $1.9 trillion invested in green technologies to avert planetary catastrophe; global per capita cap on primary energy consumption of 70 GJ/yr may be required

Green Car Congress

It is rapidly expanding energy use, mainly driven by fossil fuels, that explains why humanity is on the verge of breaching planetary sustainability boundaries through global warming, biodiversity loss, and disturbance of the nitrogen-cycle balance and other measures of the sustainability of the earth’s ecosystem.

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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

The Department of Agriculture’s Rural Utilities Service will finalize a proposed update to its Energy Efficiency and Conservation Loan Program to provide up to $250 million for rural utilities to finance efficiency investments by businesses and homeowners across rural America. Other efforts will include: Natural Gas.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. Northeast Utilities and its subsidiary NStar had agreed to buy 27.5%

Renewable 150
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President’s Jobs Council recommends an “All-in” energy strategy; from fossil fuels and pipelines, to efficiency, renewables and vehicle electrification

Green Car Congress

America must do likewise. America needs to: optimize use of all of its natural resources while protecting public health and the environment; support efficiency measures in both electricity generation and transportation; and drive energy innovation and investment from basic invention to industry scale-up.It —“Road Map to Renewal”.

Renewable 236
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Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. Hyundai is offering customers willing to buy an all-electric vehicle a Level 2 home charger for no extra cost. or from a free-trade agreement partner.

Hyundai 99