Remove Coal Remove Oil Remove Stimulus Remove Wind
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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. Increasing US refinery production along with rising crude oil supply from OPEC, its partner countries, and US tight oil producers should help bring those prices down. gal last summer.

2019 186
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. The 70’s oil crisis came and went; the loss of USA domestic market share occurred and a recent bankruptcy wave that hit the industry.

Renewable 220
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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

Green Car Congress

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% Coal use would decline most rapidly. Oil consumption would also fall but its substitution is challenging in several sectors.

Renewable 199
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” M barrels/day of oil within the next 10 years ”. Dr. Paul still sees significant growth in the developing world. Billion vs. $28.3

Financing 150
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IEA: global carbon dioxide emissions have rebounded strongly

Green Car Congress

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
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NYC Goes EV

Revenge of the Electric Car

The policy, intended to reduce greenhouse gas emissions and oil consumption, is geared to a nation where most people rely on cars for transportation. billion in stimulus grants to the industry. If the power plants are going to be fueled by coal we’re going to be worse off than if we fuel them by gas,&# said Zupan.

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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

The vision is fuelled by the fear of climate change and the need to find green alternatives to dirty coal, unpopular nuclear power and unreliable gas imports from Russia. Oil is the alternative. Are we going to burn more oil, natural gas, or (gasp) coal to produce it? Alternative is no longer an alternative.

Grid 47