Remove Economy Remove Financing Remove Global
article thumbnail

Report: Parts of China Are Running Out of Car-Buying Subsidies

The Truth About Cars

The intention is for this to spur the economy and drive commerce. China's National Development and Reform Commission and Ministry of Finance have stated that the subsidies will continue, presumably indicating that more funding will arrive in the coming months. China has numerous trade-in subsidies on goods, including vehicles.

China 74
article thumbnail

Can a New Power Link Boost the EU’s Energy Independence?

Cars That Think

Azerbaijan built its economy on its abundant fossil fuels. A 2022 road map from the World Bank, the International Finance Corp., Only 1,200 km of this kind of cable are manufactured each year globally, and with customer demand from other projects, it will take three to four years just to produce enough for the Black Sea project.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Travel and Tariffs: How Hotels, Airlines, Cruise Lines and Travelers are Faring

Baua Electric

The on-again, off-again tariff policy of the Trump administration has wreaked havoc across the global economy, including the travel industry. dollar, said Michael Melvin, the executive director of the master of quantitative finance program at the University of California San Diego. Normally, you would expect the U.S.

article thumbnail

Global Investment In The Clean Energy Transition Surpassed $2.1 Trillion In 2024, More Needed For Net-Zero Goals

CleanTechnica EVs

In a landmark achievement, global investment in the low-carbon energy transition surged to a record $2.1 continued] The post Global Investment In The Clean Energy Transition Surpassed $2.1 Key Drivers of Growth According to BloombergNEF (BNEF), the significant uptick in investment was.

Cleaning 101
article thumbnail

GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

Green Car Congress

This could have been due to the companies trying to strengthen their core business and diversify the investment risk given the global economic situation. On the other hand, venture finance deal values also grew from $595.23 Last year, mergers and acquisitions (M&A) deals reached $24.4 million to over $3,001.1 In 2022, more than 111.9

Hydrogen 473
article thumbnail

Pew survey finds US public ranks economy as highest priority policy issue, global warming as lowest

Green Car Congress

86% say that strengthening the economy should be a top priority for the president and Congress this year, and 82% rate improving the job situation as a top priority. Only 25% called global warming a top priority, a decrease of 13 percentage points over 5 years.

Economy 276
article thumbnail

IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

Green Car Congress

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

Global 344