Remove Global Remove Morocco Remove Renewable Remove Wind
article thumbnail

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

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. —Luiza Demôro, project manager for BloombergNEF.

Coal 243
article thumbnail

IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

Green Car Congress

of global and 17% of European reserves. Renewable energy is another solution. Renewables, particularly biomass for heat, provided 14.6% The European Union Renewable Energy Directive calls for sourcing one-quarter of Estonia’s gross final energy consumption from renewable sources.

Estonia 236
article thumbnail

BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

If approached correctly, African countries can capitalize on their abundant natural resources, growing demand for vehicles and rapid urbanization to build a global hub to produce electric vehicles. We are only at the beginning of the path to achieving net-zero emissions globally.

Africa 221