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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

The increase in fuel consumption we are forecasting for the summer driving season is a reflection of optimism about the US economy as COVID-19 vaccinations and fiscal stimulus support continued recovery. EIA expects US coal production to total 585 MMst in 2021, 46 MMst (9%) more than in 2020. gal last summer. MMBtu in 2020 to $3.31/MMBtu

2019 186
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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. IRENA’s macroeconomic analysis suggests that such investment creates a stimulus that, together with other pro-growth policies, will: boost global GDP by 0.8% Around US$3.5 trillion in 2015.

Renewable 199
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PwC industry survey provides check-up on determining factors for EV success

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PwC has released the first edition of the “Charging Forward: Electric Vehicle Survey”, which it developed to provide a check-up on some of the major determining factors for the success of EVs in the near-, mid- and long-term. Solar comes in third at 19.4%, followed by Other (18.9%) and nuclear (11.4%). Source: PwC.

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

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In Germany, renewable electricity generation will be 35 percent by 2020, and 50 percent by 2050. Why then do we not have the same clarity of goal for the electricity generating industry here in the USA? The same can be said for the electricity companies that generate power in the USA. EIA projections of renewables penetration.

Renewable 220
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Greenius Goes All AB 811 Over Green Task Force

Creative Greenius

SBESC's Marilyn Lyon talks about Federal Stimulus Funding / photo (c) Debra Bushweit Galliani. We also learned from Marilyn Lyon that Federal Stimulus money will be coming L.A. All the more reason you should be going solar and produce your own clean, green energy instead of paying the electric company.

Green 170
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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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). Cap and Trade Disappointment.

Financing 150
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IEA: global carbon dioxide emissions have rebounded strongly

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In March 2020, the IEA urged governments to put clean energy at the heart of their economic stimulus plans to ensure a sustainable recovery. This was the result of accelerating economic activity as well as the combination of higher natural gas prices and colder weather favoring an increase in coal use.

Emissions 433