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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

Green Car Congress

A report released by the World Economic Forum during its annual meeting in Davos warns that to have a chance of limiting the average increase in global temperatures to 2°C, a level which an increasing number of experts already considers unsafe, at least US$515 billion per year will need to be invested in clean energy globally between now and 2030.

Green 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Earlier post.).

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GM: Let's Hash Out Open Plug-In Car Standards

Tony Karrer Delicious EVdriven

We noted in December that the Society of Automotive Engineers, or SAE, was working to update standards for the interface between plug-in electric cars and the grid, and planned to agree on a set within months. And for this ecosystem to be robust, there must be commonality, especially when owners are plugging into the electrical grid.

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Coming Soon – The Electric City

Revenge of the Electric Car

And at the headquarters of Pacific Gas and Electric, utility executives are preparing “heat maps” of neighborhoods that they fear may overload the power grid in their exuberance for electric cars.&#. And local electrical grids may need reinforcement. Here’s the full text of the entire article, in case the link goes bad: [link].