Carbon Tracker Claims EV Revolution Will “End Oil Era”
Carbon Tracker says electric vehicle policies in emerging nations could lower future demand for oil by 70%.
Carbon Tracker says electric vehicle policies in emerging nations could lower future demand for oil by 70%.
The world’s six largest multilateral development banks committed $35.2 billion to climate financing for developing and emerging economies in 2017, a new record seven-year high and up 28% on 2016.
Solar energy has been identified as a potential low-cost and highly-efficient means of providing electricity to those in off-grid, remote areas, but a new study has concluded that with little access to financial resources, new business models will be required to make this happen.
Despite improvement in global energy intensity in 2015 thanks to energy efficiency policies, global progress is still too slow, and more vigorous policies are required if climate targets are to be achieved. A new report from the International Energy Agency (IEA) published on Monday highlights the progress that has been … [continued]
New figures from the US Energy Information Administration show that global energy intensity continued its twenty-five year decline in 2015. According to the US Energy Information Administration (EIA), global energy intensity, measured as energy consumption per unit of GDP, has decreased by nearly one-third between 1990 and 2015. Further, energy … [continued]
A new report from The Pew Charitable Trusts has shown that investment in and deployment of clean and renewable energies is shifting towards developing nations. The report, Power Shifts—Emerging Clean Energy Markets, shows that investment and deployment of electricity infrastructure is shifting from the industrialized economies of the Northern Hemisphere towards … [continued]
Originally published on RMI Outlet. By Laurie Guevara-Stone A recent report from Bloomberg New Energy Finance and several partners shows that renewable energy adoption is growing in the world’s emerging economies nearly twice as fast than in industrialized nations. Not only are renewable energy technologies now cost competitive with fossil … [continued]
America’s number one solar power provider, SolarCity, just announced the launch of GridLogic, a microgrid service that it plans to make available worldwide. GridLogic combines distributed energy resources such as rooftop solar or ground-mounted solar, with battery storage, “to deliver and balance energy” for communities. The technology is sold as … [continued]
Emerging economies in the Middle East and Africa will have installed almost 3 GW of wind power by the end of 2014, with more than 58% of that being installed in the last two years. This is according to new analysis from MAKE, which follows on from recent and numerous additions to … [continued]