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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. Earlier Bloomberg New Energy Finance analysis showed that, with gasoline at $2.09 on 30 June to $61.60

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Global geothermal industry passes 12,000 MW operational

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Financing was announced for projects in Costa Rica, Dominica, Djibouti, Ethiopia, Indonesia, Japan, Kenya, Mexico, Tanzania, and the United States, while projects in drilling and start-of-construction phases made headway in Chile, Germany, Guatemala, Italy, Japan, Montserrat, The Philippines, Rwanda, and Zambia.

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Tesla Virtual Power Plant is providing energy security to Australian homes

Teslarati

“Even if all lights go out in the neighborhood, you will still have power. Tesla's Virtual Power Plant rescues grid after coal peaker fails, and it's only 2% finished. So that gives people energy security. And we can also, in working with the utilities, use the Powerwalls to stabilize the overall grid.

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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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Bloomberg New Energy Finance reports that clean hydrogen could cut up to 34% of global greenhouse gas emissions from fossil fuels and industry. Producers of so-called blue, gray and brown hydrogen use either fossil fuels (natural gas or coal) or low-temperature gasification (.

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The Case for Nuclear Cargo Ships

Cars That Think

“At the same time, it’s becoming apparent that alternative-fuel solutions we’re looking at have big drawbacks, and that producing these fuels will take a lot of green power that will be needed to replace coal and gas on shore. The first was the American NS Savannah , built in the late 1950s at a cost of $46.9

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Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year

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Coal still supplies more power in the US than anything else, with natural gas next. However, building more coal and gas power plants to make miles for transport is counter-productive if the game plan is to reduce carbon output. One could say that Mr. Buffett has not only seen the light but invested heavily therein.

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

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A carbon price will not apply to household transport fuels, light vehicle business transport and off-road fuel use by the agriculture, forestry and fishing industries. The Government is also separately investing in protecting jobs in the steel and coal industries. These include implementing mandatory CO 2 standards for light vehicles.