article thumbnail

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). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

Climate 349
article thumbnail

Chevron / Toyota road trip demonstrates renewable gasoline blend

Green Car Congress

Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. During the tour, Chevron representatives will talk with members of the public about the benefits of lower carbon fuels such as biofuels and renewable gasoline blend.

Chevron 446
article thumbnail

Volvo Cars? Chengdu car plant powered by 100% renewable electricity; 65% hydropower

Green Car Congress

The Volvo Cars manufacturing plant in Chengdu, the company’s largest in China, is now powered by 100% renewable electricity, taking the company’s global renewable electricity mix in its manufacturing network to 80%. By 2040, Volvo Cars aims to be a climate-neutral company. The new contract addresses the last 30%.

Volvo 389
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Indeed, much of Big Oil's reduction in greenhouse gas (GHG) emissions leans on the so-called natural gas bridge. 1 Equinor.

Oil 418
article thumbnail

Neste and Scania pilot a digital solution to make renewable fuels use easier to track

Green Car Congress

Neste and Scania are piloting a digital solution that enables easy follow-up and verification of each truck’s usage of renewable fuels. Customers can compare the climate impact of their use of Neste’s renewable fuels to fossil fuels and track their continuous progress towards climate targets.

Renewable 243
article thumbnail

Bosch on importance of renewable synthetic fuels to reach climate goals; e-fuels

Green Car Congress

Electromobility is just now picking up momentum; further, electric cars are only as emissions-free as the production of electricity that charges their batteries. One path to achieving this is with renewable synthetic fuels (e-fuels). One path to achieving this is with renewable synthetic fuels (e-fuels). Climate neutrality.

Renewable 300
article thumbnail

Cologne Bonn Airport switches to Neste MY Renewable Diesel in its entire diesel-powered ground fleet

Green Car Congress

Cologne Bonn Airport has switched to Neste MY Renewable Diesel in its diesel-powered ground fleet. Neste’s renewable diesel (also known as HVO100) is made from 100% renewable raw materials, and it is in particular used for powering large and heavy vehicles such as the airport’s fire trucks, which are not easy to electrify.

Diesel 221