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ADB leads $135M climate financing package for VinFast e-bus fleet and EV charging network in Vietnam

Green Car Congress

The Asian Development Bank (ADB) mobilized a $135-million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.

Vietnam 195
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Siemens and Vinamotor launching first diesel-electric series hybrid bus in Vietnam

Green Car Congress

Siemens and the Vietnam Motors Industry Corporation (Vinamotor) are launching the first hybrid bus with a combined electric/diesel drive in Hanoi. The project is the first of its kind in Vietnam. The buses consume up to 50% less fuel and reduce exhaust emissions by the same amount. Vinamotor hybrid. Click to enlarge.

Vietnam 220
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New phase of globalization could undermine efforts to reduce CO2 emissions

Green Car Congress

A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications. trillion) in 2014.

Global 170
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Study: countries seeking to cut CO2 emissions must get a handle on city-level emissions

Green Car Congress

Countries seeking to meet Paris Agreement targets on CO 2 emissions must get a grip on the amount of pollution produced at city level, according to a new open-access study published in S cience Advances by an international team of researchers from Europe and China. Total CO 2 emissions of 182 Chinese cities. Shan et al.

Emissions 210
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Porsche launches carbon offsetting program for US drivers

Green Car Congress

(PCNA) has launched Porsche Impact , an online tool that links individual CO 2 emissions to specific climate projects. Porsche Impact is a web-based emissions calculator that allows Porsche owners to assess and compensate for CO 2 emissions, based on mileage and average fuel consumption.

Porsche 186
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Porsche launches carbon offset program in US

Green Car Congress

Impact is a new program from Porsche Digital that enables owners to calculate emissions individually per car and then offset them by supporting environmentally friendly projects in the US and worldwide. PCNA estimates it will offset more than 3.5 Porsche customers can choose from four different internationally certified projects to support.

Porsche 207
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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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The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. —Luiza Demôro, project manager for BloombergNEF. billion in 2018.

Coal 243