Remove Climate Remove Grid Remove Power Remove Stimulus
article thumbnail

IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

Green Car Congress

The Paris Agreement reflected an unprecedented international determination to act on climate. Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. Critically, the economic case for the energy transition has never been stronger.

Renewable 199
article thumbnail

Research Suggests Renewables Could Generate 40% of Global Power by 2050

Green Car Congress

Renewable energy technologies could generate 40% of the world’s electricity by 2050, according to research presented at the International Scientific Congress “Climate Change: Global Risks, Challenges & Decisions”. The power generated in the period covered the needs of more than 93,000 households, company officials said.

article thumbnail

Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

Fifty years later, the USA is faced with a similar challenge, energy independency and climatic change. The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Power plant capital costs.

Renewable 220
article thumbnail

World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

Green Car Congress

The report’s authors, Max von Bismarck and Anuradha Gurung from the World Economic Forum, and Chris Greenwood and Michael Liebreich from New Energy Finance, argue that “ enormous investment in energy infrastructure is required to address the twin threats of energy insecurity and climate change.

Green 150
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Eight months ago.

Financing 150
article thumbnail

Greenius Goes All AB 811 Over Green Task Force

Creative Greenius

And so it was that I found myself in the Hermosa Beach City Council Chambers addressing the Green Task Force audience you cannot see in this photo as I presented my Finding The Green To Green The Grid House By House PowerPoint. I bring a passion that’s driven by my sense of urgency over our climate change crisis.

Green 170
article thumbnail

Next 10 report finds California must increase GHG reductions to 4.9%/year through 2030 to meet target

Green Car Congress

This year’s Index finds that 2018 greenhouse gas emissions—the latest year for which data are available—rose overall for the first time since 2012, driven in part by increases in the power and commercial sectors. Private sector investment can also drive green stimulus. Noel Perry, businessman and founder of Next 10.