article thumbnail

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

Green Car Congress

While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). thousand terawatt-hours in 2018, up from 6.4 thousand in 2017.

Coal 243
article thumbnail

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

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).

Obama 249
article thumbnail

New wind farm and Tesla Megapack projects may reduce Australian coal use

Teslarati

An upcoming Tesla Megapack project and a new wind farm may help Australia reduce its use of coal power. Australia has long used coal as a power source, mainly because of its abundance. Australia has a long time before it can even consider ditching coal (or any other fossil fuel) entirely. Most recently, a $2 billion (USD 1.34

Coal 93
article thumbnail

Novel adaptation for existing blast furnaces could reduce steelmaking emissions by 88%; closed-loop carbon recycling

Green Car Congress

Devised by Professor Yulong Ding and Dr Harriet Kildahl from the University of Birmingham’s School of Chemical Engineering, the system is detailed in an open-access paper published in the Journal of Cleaner Production. If implemented in the UK alone, the system could deliver cost savings of £1.28 2023.135963.

Carbon 468
article thumbnail

Harvard team finds large-scale US wind power would cause warming that would take roughly a century to offset

Green Car Congress

All large-scale energy systems have environmental impacts, and the ability to compare the impacts of renewable energy sources is an important step in planning a future without coal or gas power. In the journal Joule , Harvard researchers report the most accurate modelling yet of how increasing wind power would affect climate.

Wind 315
article thumbnail

Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

Green Car Congress

Growth in oil use, particularly aviation, and coal use are behind most of the increase in 2022. During the Global Financial Crisis in 2008/9, the COVID19 pandemic, and now the Ukrainian War, economic stimulus packages were meant to put the world on a cleaner and greener path, but this is not at all evident in the CO 2 emissions data.

Global 221
article thumbnail

Why EVs Aren't a Climate Change Panacea

Cars That Think

“Electric cars will not save the climate. In states (or countries ) with a high proportion of coal-generated electricity, the miles needed to break-even climb more. Just accounting for miles driven , however, BEVs cars and trucks appear cleaner than ICE equivalents nearly everywhere in the U.S.