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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. —Dr Fatih Birol, IEA Executive Director.

2018 191
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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. A Federal Quadrennial Energy Review. Going forward, the Administration will promote fuel-switching from coal to gas for electricity production and encourage the development of a global market for gas.

Obama 249
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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

Green Car Congress

Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. It’s been said that the United States is the Saudi Arabia of coal—and that’s because, as I said, it’s one of our most abundant energy resources.

Obama 218
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Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

The other goal, of course, is the system’s ultimate purpose: to reduce greenhouse-gas emissions by channeling funds into cleaner technologies. and (b) Could emissions credits based on faulty assumptions or inadequate review be revoked? 100% for some agricultural processes.

Carbon 255
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Europe moves forward on the Energy Union; transport key element

Green Car Congress

Today, we launch the most ambitious European energy project since the Coal and Steel Community. In 2015 and 2016, the Commission will review all relevant energy efficiency legislation and will propose revisions, where needed, to underpin the 2030 target. —Energy Union Framework Document.

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GSI/UNEP conference report finds fossil-fuel subsidy reform complex and challenges sobering; ~1% of global GDP spent on fossil-fuel subsidies

Green Car Congress

In 2008, a report by UNEP called for the elimination of fossil-fuel subsidies, concluding that such subsidies often lead to increased levels of consumption and waste; place a heavy burden on government finances; can undermine private and public investment in the energy sector; and do not always end up helping the people who need them most.

Fuel 240
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Dodge Circuit EV First Drive: electric car makes grand promises on Earth Day

Tony Karrer Delicious EVdriven

Sorry, but electrics and electric power plants are so efficient that CO2 emissions are less than gassers even when the electricity comes from coal - and a lot of electricity doesnt come from coal. As more renewables come online, battery electrics just keep getting cleaner and greener. But where does Hydrogen come from?