Remove Climate Remove Forecast Remove Gas-Electric Remove Wind
article thumbnail

Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s.

Wind 220
article thumbnail

Harvard team finds large-scale US wind power would cause warming that would take roughly a century to offset

Green Car Congress

All large-scale energy systems have environmental impacts, and the ability to compare the impacts of renewable energy sources is an important step in planning a future without coal or gas power. In the journal Joule , Harvard researchers report the most accurate modelling yet of how increasing wind power would affect climate.

Wind 315
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

An analysis of near-term spending plans on renewables by the biggest oil and gas companies shows that real investments in renewable energy will continue to pale in comparison to capex plans for greenfield fossil fuel projects. Indeed, much of Big Oil's reduction in greenhouse gas (GHG) emissions leans on the so-called natural gas bridge.

Oil 418
article thumbnail

ICCT LCA study finds only battery and hydrogen fuel-cell EVs have potential to be very low-GHG passenger vehicle pathways

Green Car Congress

In addition to its regional and temporal scope, this study is distinct from earlier LCA literature in four key aspects: This study considers the lifetime average carbon intensity of the fuel and electricity mixes, including biofuels and biogas.

Hydrogen 418
article thumbnail

BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

Green Car Congress

After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. The report shows that medium-term growth will come from increasing cost-competitiveness and increased global access to gas. Low-carbon gas.

Gas 243
article thumbnail

World Bank Group: mineral production to soar as demand for clean energy increases

Green Car Congress

It estimates that more than 3 billion tons of minerals and metals will be needed to deploy wind, solar and geothermal power, as well as energy storage, to achieve greenhouse gas emission reductions sufficient to achieve a below 2°C future. Source: “Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition”.

Clean 243
article thumbnail

PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

Green Car Congress

The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. Both approaches are essential parts of an integrated strategy for dealing with climate change.