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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

Overall, declining costs for solar and wind played a considerable factor in the fall in absolute dollar investment in emerging economies. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. —Luiza Demôro, project manager for BloombergNEF.

Coal 243
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

Green Car Congress

The low annual rate of global reduction of carbon emissions per unit of GDP needed to limit global warming to 2 °C—based on the probability assessments of the UN IPCC—is insufficient to achieve that goal, according to the latest Low Carbon Economy Index published by business consultancy PwC. —PwC.

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We Need More Than Just Electric Vehicles

Cars That Think

Our 2020 study , published in Nature Climate Change , found that manufacturing a typical EV sold in the United States in 2018 emitted about 7 to 12 tonnes of carbon dioxide, compared with about 5 to 6 tonnes for a gasoline-fueled vehicle. An EV operated in Yunnan emits about 60 percent less.