article thumbnail

‘Buy Tesla’: Goldman Sachs defines investments as the Age of Oil closes

Teslarati

Goldman Sachs is preparing for the lapse of the Age of Oil, predicting big gains for the companies that continue to help expand the footprint of sustainable energy. However, Tesla isn’t the only car company that is listed , and cars are not the only topic that Goldman analysts are bullish on as the Age of Oil begins its imminent demise.

Oil 141
article thumbnail

The Dirty Truth of Petrol & Diesel Vehicles

Plug In India

By PluginIndia In this article and video, we show the real truth on how Petrol and Diesel vehicles cause far more air pollution compared to electric vehicles. Some even say that it pollutes even more than a diesel or petrol burning car. Diesel or petrol starts as oil, on average 1,798 meters below the surface of the earth.

Petrol 59
article thumbnail

IEA: global energy efficiency progress drops to slowest rate since start of decade

Green Car Congress

Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing, according to a new report by the International Energy Agency. Global primary energy demand rose by 2.3% Global primary energy demand rose by 2.3% This was slower than the 1.7%

Global 150
article thumbnail

Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut

Baua Electric

Currently, hybrid cars in India that use a petrol engine and an electric motor combined with an electric battery pack are slapped with as high as a 43 per cent tax, while pure petrol cars see a 48 per cent tax. The Japanese automaker has been claiming that hybrid cars reduce carbon emissions compared to petrol ones.

Tax 95
article thumbnail

Govt imposes 50% duty on molasses exports | Autocar Professional

Baua Electric

NFCSF) has said Maharashtra and Karnataka which are India’s largest sugar-growing states and contribute to 25 percent of global molasses production, are expected to record particularly sharp declines, on the back of subpar rains and low reservoir water levels in their major cane-growing geographies.

India 52
article thumbnail

NGVA Europe study quantifies GHG reduction of natural gas use in light- and heavy-duty vehicles compared to gasoline and diesel

Green Car Congress

The study “ Greenhouse gas intensity of natural gas ” shows that natural gas reduces GHG emissions from passenger cars on a well-to-wheel (WtW) basis by 23% compared with petrol and by 7% compared with diesel. Also in the maritime sector, overall WtW benefits are up to 21% compared to conventional HFO (Heavy-Fuel-Oil) fuels.

Gas 150
article thumbnail

Lessons From Norway’s Journey To Becoming The Global Leader In EV Adoption

Wallbox

So how did this largely rural Scandinavian country become the global leader in EV adoption? Norway has long been a major producer of oil and gas, and remains the biggest oil producer in Western Europe, as well as, the third-largest exporter of natural gas in the world. Curbing CO2 Emissions with Electric Transport.

Global 83