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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017. Inflows to clean energy projects in India and Brazil slipped $2.4 Excluding China, India and Brazil, clean energy investment jumped to $34 billion in 2018 from $30 billion in 2017.

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BRIMCS countries, and especially China, outspending IEA countries in energy RDD

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Renewable energy targets and energy priority areas in the BRIMCS countries (not listed in order of importance or emphasis). Renewable energy targets and energy technology priority areas in the BRIMCS countries (priorities are not listed in order of importance or emphasis.) Data: Kempener et al. Click to enlarge. Source: Kempener et al.

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GM to double models with 40 mpg highway or better by 2017; ongoing manufacturing efficiency improvements

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GM’s fuel-economy plan through the 2016 model year focuses on a reduction in vehicle mass and aggressive investment in advanced materials, such as high-strength steel, carbon fiber and aluminum, enabled in part by our industry-first aluminum welding technology. GM has a goal of 125 MW renewable energy. Earlier post.).

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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This reform will not apply to our support for clean energy, renewables, and technologies that dramatically reduce greenhouse gas emissions. As we do that, we recognize the importance of providing those in need with essential energy services, including through the use of targeted cash transfers and other appropriate mechanisms.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35% increase in energy demand by 2040, according to ExxonMobil’s latest Outlook for Energy report. The OECD represents the developed economies. Click to enlarge. Outlook for Energy.

Energy 252
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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

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Developed countries would reach agreement with emerging economies such as Brazil, China, and India as to whether or not emerging economies should set emissions reduction targets. afforestation, avoided deforestation, carbon capture and storage, energy efficiency measures, renewable energy generation) would be established.

Climate 236
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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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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries. billion.

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