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

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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. thousand terawatt-hours in 2018, up from 6.4

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

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The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

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

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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. Global energy investment totalled more than US$1.8

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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.

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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

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The ICCT has conducted a comprehensive global and temporal life-cycle assessment of GHG emissions from a variety of alternative passenger car powertrains and fuels. This study incorporates the near-term global warming potential of methane leakage emissions of natural gas and natural gas-derived hydrogen pathways. Source: The ICCT.

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

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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. Wind beats coal by any environmental measure, but that doesn’t mean that its impacts are negligible. Source: Miller and Keith (2018a).

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CMU study finds that coal retirement is needed for EVs to reduce air pollution

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Electric vehicles charged in coal-heavy regions can create more human health and environmental damages from life cycle air emissions than gasoline vehicles, according to a new consequential life cycle analysis by researchers from Carnegie Mellon University. That’s why the shift away from coal is so important for EVs. Jeremy Michalek.

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