Remove Cost Of Remove Future Remove South Africa Remove Tax Credit
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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

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Commissioning natural gas-fired plants could set producers up to have some of the lowest-cost capacity by retrofitting them to burn hydrogen in the 2030s and 2040s. But continuing to build new coal-fired plants will leave producers with only bad options toward a net-zero future by 2050.

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The Global Outlook of Electric Vehicles

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This is partially due to the cost of EVs in these countries, but also with a relative lack of charging infrastructure. The federal US government has expanded its electric vehicle tax credits for new and used EVs. In Africa , South Africa is leading the way on the continent as far as EV adoption, although it remains low.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion) and South Africa ($5.5 In the UK and Germany we are seeing a move away from feed-in tariffs and green certificates, towards reverse auctions and subsidy caps, aimed at capping the cost of the transition to consumers. Investment in developing countries, at $131.3 billion, up just 3% on the year. billion), India ($7.4

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