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Global geothermal industry passes 12,000 MW operational

Green Car Congress

In 2013, new geothermal geologic studies or exploration moved forward in places as diverse as American Samoa, Argentina, Armenia, Australia, Azerbaijan, El Salvador, Ethiopia, Indonesia, Japan, Malaysia, Rwanda, Saudi Arabia, St. Vincent and the Grenadines, Taiwan, Thailand, Uganda, the United States, and Yemen.

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

One of the outcomes of the meeting of G20 leaders in Pittsburgh this week was an agreement to phase out and rationalize over the medium-term inefficient fossil fuel subsidies while providing targeted support for the poorest. Many countries are reducing fossil fuel subsidies while preventing adverse impact on the poorest.

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16 National Hydrogen Associations Submit Statement to UNFCC Highlighting Hydrogens Potential Contribution to Curbing GHG Emissions

Green Car Congress

The statement highlights benefits to the environment and other areas including the elimination of 80% of the emissions from light duty vehicles, according to studies by Japan, the European Union and United States. Canada: Canadian Hydrogen and Fuel Cell Association. Japan: Hydrogen Energy Systems Society of Japan.

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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By fuel type, electrified vehicles were able to increase their registrations by 15% to 147,500 units in March, posting a new record market share of 17.4%, or 10.1 While Japan, Korea and the CIS countries recorded very low decreases. The volume was also affected by the economic crisis in Argentina, the region’s third largest market.

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Toyota Tsusho to acquire 15% stake in lithium miner Orocobre for US$232 million

Green Car Congress

Lithium demand is expected to continue growing with the shift from fossil-fuel powered vehicles to electric vehicles (EV), in addition to the steady growth of lithium-ion batteries for electric devices. The total investment amount will be about A$292 million (US$232 million).

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Audi introducing supercharged gasoline engine version of SQ5 SUV at Detroit Show

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liters of fuel per 100 km in the NEDC (21 mpg US). The Audi SQ5 has been designed specifically for the following markets: United States, Canada, Russia, China, Japan, Singapore, South Korea, South Africa, Mexico, Brazil, Argentina, Chile and the Ukraine. The Audi SQ5 consumes on average 8.5 g/mile) in the NEDC.

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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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However, the report warns that while it may “buy some time”, it reduces the incentive for investment in lower carbon technologies such as nuclear and renewables, and could lock in emerging economies with high energy demand to a dependence on fossil fuels. Other G20 (Australia, Korea, EU, South Africa, Saudi Arabia, Argentina).