Remove International Remove Market Remove South Africa Remove United Kingdom
article thumbnail

Axion International signs LOI to form global JV with Sicut Holding to target $8B railroad tie market with recycled structural composites

Green Car Congress

Axion International, a leading producer of industrial building products and railroad ties made from 100% recycled plastic ( earlier post ), has signed a non-binding Letter of Intent (LOI) with Sicut Holding Limited (previously Micron Inc. The JV does not relate to other applications of RSC technology, aside from railroad ties and sleepers.

article thumbnail

Electric Vehicle Initiative Launched at Clean Energy Ministerial in Washington DC

Green Car Congress

At the Clean Energy Ministerial in Washington, DC, 19-20 July, ministers reaffirmed their commitment to previously-announced targets for the deployment of electric vehicles, which the International Energy Agency (IEA) estimates will create global market momentum leading to at least 20 million electric vehicles on the road worldwide by 2020.

article thumbnail

G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. We ask the international financial institutions to offer support to countries in this process. G20 Leaders’ Statement.

article thumbnail

The Global Outlook of Electric Vehicles

Blink Charging

In total, the International Energy Association reports , 6.6 Coming in second is Norway, followed by Sweden, Germany and the United Kingdom rounding out the top five countries for EV adoption, according to the most recent version of the Electric Vehicle Country Readiness Index from ​​ Ernst & Young Global Ltd.

article thumbnail

Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

Green Car Congress

No single technology proves the cheapest form of electricity generation under all circumstances: many factors determine the final cost of any investment, principally local influences such as market structure, policy environment and resource endowments. Click to enlarge.

Cost Of 150