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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. thousand terawatt-hours in 2018, up from 6.4

Coal 243
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Wind-to-Hydrogen Tech Goes to Sea

Cars That Think

Wind and solar parks produce a large portion of their energy. Then, as now, wind farms are operating off the world’s coasts—but not all of these offshore sites are connected to the mainland via underwater power cables. Some of the wind farms instead sit in clusters more than 100 kilometers out at sea.

Wind 91
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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

The results show there is no realistic pathway to full decarbonization of internal combustion engine vehicles, and that only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways. Natural gas does not offer climate benefits compared to gasoline and diesel, and many biofuel pathways do not, either.

Hydrogen 418
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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

Green Car Congress

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. —Dr Birol. —Dr Birol.

Global 344
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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

Leading international efforts for GHG emission reductions and adaptation. In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. Leading international efforts for GHG emission reductions and adaptation. Preparing the US for the impacts of climate change.

Obama 249
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Renewable energy growth accelerating, says International Energy Agency

Green Car Reports

The overall carbon emissions associated with electric cars decrease as the electricity used to recharge them gets cleaner. And the latest statistics from the International Energy Agency (IEA) will be good news indeed for electric-car drivers.