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

Green Car Congress

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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EGEB: World’s 60 largest banks pumped $3.8 trillion into fossil fuels since 2016

Electrek

In today’s Electrek Green Energy Brief (EGEB): A climate group report shows fossil-fuel financing continues to rise despite Paris Agreement pledges. The world’s largest coal mining company sets its sights on solar. Tesla now offers price matching, so it’s important to shop for the best quotes.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

The transport sector—which depends almost entirely on oil products, with 93% of all the fuel used in the sector being oil-based in 2010—remains the main driver of global oil demand as economic growth increases demand for personal mobility and freight. World PLDV oil demand in the New Policies Scenario. —WEO 2011.

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Solar topped coal in Texas for the first time ever in March

Baua Electric

The figure counts only Texas solar projects that have a signed interconnection agreement and have set aside the financing required to get onto the ERCOT grid. In contrast, coal’s share of the ERCOT market has been steadily declining. From 2003 through 2014, coal’s annual share of ERCOT demand ranged from 33-40%.

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Taxing the Distance

Energy Institute at HAAS

Much of US road infrastructure is financed by taxing gasoline. Energy Institute alum, Chris Knittel , along with Gib Metcalf and Shereein Saraf , have a new working paper , which takes a swing at one of the less thrilling, but wildly important, topics in public finance: how we pay for roads when no one’s buying gas anymore.

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The Most Powerful Greenius In America

Creative Greenius

My new solar system only needs to be 2 kilowatts now instead of 4 – which is good because solar’s still too damn expensive and the process for putting AB 811 financing in place is taking too damn long, (and that’s another Greenius post that I’m still working on). The Big Dick Cheney Effect.

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Solar Smackdown in Torrance – Installer Sues City on Behalf of the Sun

Creative Greenius

He wasn’t a finance guy, thinking “I’m going to make money.” It’s expensive and my clients don’t finance. Because for one, financing isn’t available anymore and two, early adopters are a different crowd. THE HOLY GRAIL OF SOLAR: $3 A WATT, CHEAPER THAN COAL. And at sub $3 you’re cheaper than coal. He was a geek.

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