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The $32-Trillion Push To Disrupt The Entire Oil Industry

Green Car Congress

Increased shareholder activism, combined with global warming policies of institutional investors and NGOs, are pushing IOCs in a corner, constricting financing options for oil companies. With less financing options for IOCs, and also oilfield services, the already existing investment gap in upstream investment worldwide will only grow wider.

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

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Energy Markets in a State of Change. Billion vs. $28.3 Billion in 2008). Earlier post.). Long-Term Optimism.

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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

Green Car Congress

Second, the US Department of Agriculture proposed a rule on the Biomass Crop Assistance Program (BCAP) that would provide financing to increase the conversion of biomass to bioenergy. It’s been said that the United States is the Saudi Arabia of coal—and that’s because, as I said, it’s one of our most abundant energy resources.

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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

Green Car Congress

The report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. Source: IRENA. Click to enlarge. —Adnan Z. kWh in Africa.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

Green Car Congress

Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Earlier post.). Other efforts will include: Natural Gas. Energy Efficiency.

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MIT researchers conclude fundamental changes in the US energy-innovation system are needed to meet challenges of climate change and energy supply

Green Car Congress

The conclusions of that study are detailed in a new book— Unlocking Energy Innovation (MIT Press, 2012)—by Richard Lester, the Japan Steel Industry Professor of Nuclear Science and Engineering at MIT, and David Hart, a professor of public policy at George Mason University. Innovation should become that focus.

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Hyundai Offering Free Chargers to EV Buyers, Swelling Industry Incentives

The Truth About Cars

While the ChargePoint device is framed as being free, it does require the purchase of a new automobile through the automaker’s captive finance arm Hyundai Capital America. Additionally, the fear of running out of battery energy without access to a charger is perpetuated by the lack of a universal charging infrastructure.

Hyundai 105