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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

Green Car Congress

trillion is spent annually on transport globally, mostly in ways that exacerbate rather than solve the problems associated with traffic growth, including congestion, health-harming air pollution, accidents, energy insecurity, and climate change. Transportation is central to the social and economic activity of people across the world.

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BNEF: Global plug-in vehicle sales surge 63% year-on-year in Q3; China accounted for more than half of total

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Plug-in electric vehicles sales surged to a record in the third quarter, largely driven by strong demand in China, according to a new report from Bloomberg New Energy Finance (BNEF). China accounted for more than half of global sales as its market for electric cars doubled amid government efforts to curb pollution.

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SolarCity and Honda to finance $50M more in solar projects for Honda and Acura customers and dealerships

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SolarCity and Honda have renewed their partnership with a new fund expected to finance $50 million in solar projects. The new commitment will make solar power more affordable and available to Honda and Acura customers and dealerships in the US. The $50-million fund is a follow-up to a $65-million fund the companies created in 2013.

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Aqua Metals opens first AquaRefining center for low-pollution lead-acid battery recycling

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Lead smelting—ranked as the third highest polluting industry in the world—can release toxic lead dust, smoke and slag with significant deleterious environmental and health consequences. The AquaRefinery was partially financed by a $10-million loan from Green Bank, which was 90% guaranteed by the US Department of Agriculture.

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ADB Transport Forum: shift to greener transport in Asia key to global sustainability; investment of $2.5T needed by 2020

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Asia must scale up sustainable transport development or face a bleak future of congested roads, pollution, ill health and economic damage, which could have ripple effects around the world, the third ADB (Asian Development Bank) transport forum heard earlier this month in Manila.

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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

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The SPEG process extracts all carbon from the waste feedstock, removes all particulates and acid gases, and produces no toxins or pollution. It not only solves our air quality and climate challenges by producing pollution-free hydrogen. That’s why our partnership with SGH2 is so important. This is game-changing technology.

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UNEP and partners launch Global Initiative for Resource-Efficient Cities; role of public transport

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The United Nations Environment Programme (UNEP) and partners have launched a new initiative that aims to reduce pollution levels, improve resource efficiency and reduce infrastructure costs in cities across the world. Finance: Tax incentives and subsidies can be used to stimulate the up-take of green technologies.