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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

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Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 The three biggest renewable energy asset financings in the quarter were the 860MW Triton Knoll project in UK waters at an investment cost of $2.6 South Africa at $2.6 Turkey at $1.2

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Synovate Global Study Explores Future Car Buyers Sentiments

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The study revealed that future car buyers in the US, Germany, UK, Spain, Russia, France and South Africa have a strong desire for change, wanting to adopt more balance in life. However, consumers across the 16 countries fell into three distinct groups. A time for introspection and balance.

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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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This reform will not apply to our support for clean energy, renewables, and technologies that dramatically reduce greenhouse gas emissions. As we do that, we recognize the importance of providing those in need with essential energy services, including through the use of targeted cash transfers and other appropriate mechanisms.

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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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This geographically diverse group comprises Brazil and Mexico in the Americas; South Africa and Nigeria in Africa; Egypt and Turkey in North Africa/Mediterranean; Saudi Arabia and Iran in the Middle East; as well as Thailand and Indonesia in Asia. The OECD represents the developed economies.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries. billion.

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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

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However, the report warns that while it may “buy some time”, it reduces the incentive for investment in lower carbon technologies such as nuclear and renewables, and could lock in emerging economies with high energy demand to a dependence on fossil fuels. Other G20 (Australia, Korea, EU, South Africa, Saudi Arabia, Argentina).