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BNEF: cost of new renewables rises as inflation starts to bite

Green Car Congress

New-build onshore wind and solar projects are now around 40% lower than BNEF’s global benchmarks for new coal- and gas-fired power. We see a return to long-term technology cost decline trajectories as demand continues to be strong, supply chain pressures ease and production capacity, particularly in China, comes back online.

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Celanese sees new TCX ethanol process as key component in future growth; a paradigm shift in ethanol production

Green Car Congress

TCX is the company’s new proprietary technology for ethanol production that builds on its acetyl platform and integrates new technologies to produce ethanol using basic hydrocarbon feedstocks—natural gas, coal and pet coke now, with biomass and waste planned for the future. Earlier post.). Earlier post.). Source: Celanese.

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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

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The world’s 100 largest emitting publicly traded companies, for example, account for around a quarter of global greenhouse emissions (including emissions from the use of their products by customers). The Kigali Amendment to the Montreal Protocol aims to phase out the use and production of hydrofluorocarbons.

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Low-lying and other vulnerable countries calling for fast action on non-CO2 global warming pollutants

Green Car Congress

Reducing tropospheric ozone can improve public health as well as agricultural productivity. Methane is another potent climate warmer that needs to be targeted; capturing emissions from sources such as landfills and coal mines would benefit the climate system and the gas could then be used as a source of energy.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

Green Car Congress

This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. The OECD represents the developed economies. Transportation in general.

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