Remove Cheap Remove Coal Remove Financing Remove Oil
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ by Bill Cooke. Billion vs. $28.3

Financing 150
article thumbnail

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

Green Car Congress

Recent trade deals and high-level cooperation between Russia and China have set off alarm bells in the West as policymakers and oil and gas executives watch the balance of power in global energy markets shift to the East. The US dollar then went through a massive devaluation, and oil played a crucial role in propping it back up.

Russia 225
article thumbnail

Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

Green Car Congress

During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap. Coal still supplies more power in the US than anything else, with natural gas next. This, however, is a fallacy. Click to enlarge.

Solar 150
article thumbnail

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. For combustion-based heating, fuels like oil and gas are stored and moved to where they can be burned. There is nothing special here!”

Store 100
article thumbnail

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

Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. 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. Click to enlarge. billion in 2035.

Oil 247
article thumbnail

Dodge Circuit EV First Drive: electric car makes grand promises on Earth Day

Tony Karrer Delicious EVdriven

Part movie spaceship, part oil independence klaxon, the sound fills the cabin and certainly wont appeal to everyone. I also think it will be cheap, which is why I think someone will buy the group. Well, the cheapest source is from steam reformed fossil fuels, and that process produces CO2, especially when that fossil fuel is coal.

article thumbnail

Greentech Media | ECOtality CEO: Fast Charging and Why Battery Swapping Is Doomed

Tony Karrer Delicious EVdriven

Given the cost of oil and the economic, geopolitical and ecological effects of our continued reliance on petroleum, electric transportation will be cheap. by: Jonathan Read, President and CEO, ECOtality June 24, 2008 ECOtality CEO Jonathan Read. New investments in battery technology and production are announced daily.