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Cornell study examines trade-off between critical metals requirement and transportation decarbonization

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—Fengqi You, senior author Currently, critical metals and minerals are centralized in politically unstable Chile, Congo, Indonesia, Brazil, Argentina and South Africa, according to the World Bank. “Recycling w/2nd” denotes retired batteries reused as ESSs before recycling.

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

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Inflows to clean energy projects in India and Brazil slipped $2.4 Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies. Excluding China, India and Brazil, clean energy investment jumped to $34 billion in 2018 from $30 billion in 2017.

Coal 243
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BRIMCS countries, and especially China, outspending IEA countries in energy RDD

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The study, by the Energy Technology Innovation Policy research group at Harvard Kennedy School’s Belfer Center for Science and International Affairs, found that a minimum of $13.8 Data: Kempener et al. Click to enlarge. The majority of these funds (82%) came from 100% government owned enterprises in China. Source: Kempener et al.

China 199
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NSF Awards Rutgers $7.6M for Sustainable Energy Development, Graduate Education

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Rutgers will focus on replacing environmentally harmful fossil fuels with renewable, economically sustainable fuels in collaboration with universities in the US, Brazil, China and South Africa. The grant is valued at up to $3.2 million over five years. “ The grant is valued at up to $3.2 million over five years. “

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

Market 210
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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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We ask the international financial institutions to offer support to countries in this process. The Group of Twenty (G20) Finance Ministers and Central Bank Governors was established in 1999 to bring together systemically important industrialized and developing economies to discuss key issues in the global economy.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The OECD represents the developed economies. Click to enlarge. Outlook for Energy.

Energy 252