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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

The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies. billion or 18% came from sources outside those countries.

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BNEF: cost of new renewables rises as inflation starts to bite

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The global benchmark levelized cost of electricity, or LCOE, has retreated to where it was in 2019. BloombergNEF’s estimates for the global LCOE for utility-scale PV and onshore wind rose to $45 and $46 per megawatt-hour (MWh), respectively, in the first half of 2022. The latter cost at $74 and $81 per MWh, respectively.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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IHS Automotive forecasts global automotive sales for 2015 to reach 88.6 million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. North America continues to be an impetus to global light vehicle demand levels. million, an increase of 2.4% North America.

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It’s too late to China-proof the lithium supply chain – ET Auto

Baua Electric

If developed democracies want to secure the lithium they need to decarbonize their economies, they’re going to have to get comfortable with Beijing as not just a rival, but a partner. billion) into a financing facility to support exports. There’s just one problem with all these plans: They’re coming nearly a decade too late.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2 Global investment in renewable energy capacity moved up 2% to $303.5

2020 259
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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 billion, was up 36% on the previous year and came the closest ever to overhauling the total for developed economies, at $138.9

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