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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

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. The decline was not confined to China, however.

Coal 243
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ICCT LCA study finds only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways

Green Car Congress

For battery EVs, the GHG emissions for “fuel/electricity” production are dominated by the coal and natural gas used in electricity generation. Although China and India rely more heavily on coal in electricity generation, even in these countries, battery EVs offer a clear climate benefit compared to gasoline cars, according to the report.

Hydrogen 418
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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

Green Car Congress

Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. Whichever way you look, we are storing up risks for the future.

2018 191
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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

Green Car Congress

Renewables investment has been more resilient during the crisis than fossil fuels, but spending on rooftop solar installations by households and businesses has been strongly affected and final investment decisions in the first quarter of 2020 for new utility-scale wind and solar projects fell back to the levels of three years ago.

Global 344
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. In addition, the President has directed his Administration to purchase cleaner alternatives to HFCs whenever feasible and transition over time to equipment that uses safer and more sustainable alternatives.

Obama 249
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1 in 5 new car sales globally were EVs in 2023, and that’s curbed oil demand – IEA

Baua Electric

Photo: Tesla Without EVs, solar, wind, and nuclear, the global rise in emissions in the last five years would have been three times larger, new International Energy Agency (IEA) analysis shows. Their emissions dropped to a 50-year low while coal demand fell back to levels not seen since the early 1900s. billion tonnes.

Global 52
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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

It also solves our plastics and waste problems by turning them into green hydrogen, and does it cleaner and at costs far lower than any other green hydrogen producer. Producers of so-called blue, gray and brown hydrogen use either fossil fuels (natural gas or coal) or low-temperature gasification (. —Lancaster Mayor R.

Waste 448