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IRENA report says tripling renewables investment required to reach 2050 climate goal

Green Car Congress

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). The 2020 edition of Global Landscape of Renewable Energy Finance highlights however, that while a cumulative US$1.8

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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

Green Car Congress

A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. Results show that in more aggressive scenarios—i.e.,

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NTSB Chair questions safety impact of heavy EVs

Green Car Congress

We do have a climate crisis that needs to be addressed. Ultimately, to manage climate change, the world needs to stop emitting greenhouse gases from vehicles and power plants. That has a significant impact on safety for all road users. Electric vehicles powered from a clean grid are an essential step in the right direction.

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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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Some will suffer greatly from climate change, while others may even benefit. A study by University of Chicago economist Esteban Rossi-Hansberg, the Glen A. A study by University of Chicago economist Esteban Rossi-Hansberg, the Glen A. It measures the social cost in US dollars of adding a ton of CO 2 to the atmosphere.

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Why EVs Aren't a Climate Change Panacea

Cars That Think

“Electric cars will not save the climate. For instance, Alexandre Milovanoff at the University of Toronto and his colleagues’ research (which is described in depth in a recent Spectrum article ) demonstrates the U.S. For example, researchers at University of Oxford in the U.K. The answer is perhaps some, but maybe not too much.

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Study suggests economic stagnation no excuse for inaction on climate

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Results from a new study by researchers from the Universities of Bristol and Cambridge in the UK has suggest that the social cost of carbon dioxide is higher in a low economic growth world. A paper on the study was published in the journal Nature Climate Change. Nature Climate Change doi: 10.1038/nclimate1935.

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New Report Concludes That Real Costs of Adapting to Climate Change Will Likely Be At Least 2-3X Greater Than Current Estimates

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Representation of damage from climate change avoided by adaptation, and damage not be adapted to (‘residual damage’) over the longer term. Source: “Assessing the costs.” The amount of money on the table at Copenhagen is one of the key factors that will determine whether we achieve a climate change agreement. In Click to enlarge.