article thumbnail

Summary of decisions from Durban climate conference

Green Car Congress

Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform. Nations Framework Convention on Climate Change (UNFCCC). Green Climate Fund. future agreements.

Climate 294
article thumbnail

BNEF report: EV sales headed for 5.6M in 2021 as automakers target 40M per year by 2030

Green Car Congress

in 2019, the year of the last UN Climate Change Conference. A review of industry outlooks finds that zero-emission vehicle forecasts have been raised across the board. This compares with just 2.6% The total global fleet of passenger electric and fuel cell vehicles now totals nearly 13 million, of which 8.5 Source: BNEF Factbook.

Sale 259
article thumbnail

Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030.

Coal 129
article thumbnail

Study finds stabilizing warming at 1.5 ?C would result in economic hit through 2100; benefits accrue by 2300

Green Car Congress

C by 2100 would eventually confer net benefits of thousands of trillions of dollars in gross world product by 2300. The results emphasize the temporal asymmetry between the costs of mitigation and benefits of avoided damages from climate change and thus the long timeframe for which climate change mitigation investment pays off.

San Jose 243
article thumbnail

CSIRO forecasts 50-year trend of decreasing rainfall over southern Australia to continue for another 50 years

Green Car Congress

Decreasing autumn and winter rainfall over southern Australia has been attributed to a 50-year decrease in the average intensity of storms in the region—a trend which is forecast to continue for another 50 years, according to The Commonwealth Scientific and Industrial Research Organization (CSIRO), Australia’s national science agency.

Australia 186
article thumbnail

GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

Senturin made his remarks during the 25 th Oil & Gas of Turkmenistan Conference. To this end, the GECF Secretary General reiterated the GECF’s readiness to support the Turkmen industry as it undergoes transformation on the back of the future energy trends, digitalization, and climate action. —Secretary General Sentyurin.

article thumbnail

Tesla Energy director believes Australia can become a large supplier of lithium

Teslarati

Mark Twidell stood in for Tesla Chairman Robyn Denholm at the Southstart entrepreneurs conference in Adelaide recently. “Australia has the raw materials in abundance like no other nation on Earth,” Twidell said at the conference. Tesla’s shift to LFP cells for Megapack batteries heralds an energy storage revolution.

Australia 141