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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

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An additional 3 billion Asians could enjoy higher living standards by 2050, but only if Asia sustains its present growth momentum and addresses significant multigenerational challenges and risks, according to a new report commissioned by the Asian Development Bank (ADB).

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Opinion: The End Of An Era: Is The US Petrodollar Under Threat?

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Related: Should Europe Be Concerned About Russia’s Growing Energy Relationship with Asia? ). Having that status would allow China cheap access to world capital markets and cheaper transaction costs on international trade, not to mention increased clout as an economic power commensurate with its rising proportion of world commerce.

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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While this is a threat for business, there are also opportunities to grow commerce and create jobs, and to innovate to address the needs of growing populations for agriculture, sanitation, education, technology, finance, and healthcare. Urbanization: In 2009, for the first time, more people lived in cities than in the countryside.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

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According to the study, historically, approximately one of every five vehicles sold is financed by home-value appreciation, a ratio that’s likely to decrease with the continuing stagnancy in home values. House appreciation historically has been used to finance the purchase of a new vehicle about 20% of the time. million in 2006.

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Urban transport | Two wheels good | The Economist

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Some 800,000 are also sold each year in South East Asia, he says, where they replace the noisy and smelly petrol scooters that are ubiquitous in many places. Our mission is to prepare students for top careers in finance. Every big carmaker seems to be developing one, and governments are vying with each other to support them.

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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

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Oil and the Transport Sector: Reconfirming the End of Cheap Oil. In non-OECD Asia, some 80% of oil consumed comes from imports in 2035, compared with just over half in 2010. Key challenges for Russia are to finance a new generation of higher-cost oil and gas fields and to improve its energy efficiency. Click to enlarge.

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

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Their goal is to test an innovative electrolyzer concept for the cheap production of green (CO 2 -free) hydrogen for a decarbonized future. It started in California and now operates programs in New York, China, India, Southeast Asia and East Africa.

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