Remove Africa Remove Carbon Remove Cheap Remove Emissions
article thumbnail

BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). Hydrogen and recycling are likely to play a central role in reducing emissions from steel production. Source: BloombergNEF. BAU is business-as-usual.

Hydrogen 221
article thumbnail

Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion to other zero-carbon technologies such as hydro and nuclear.

Wind 220
article thumbnail

Why is Hydroelectricity So Green, and Yet Unfashionable?

Cars That Think

There is no end of gushing about China’s cheap solar panels—but when was the last time you saw a paean to hydroelectricity? The manufacture of solar panels involves the environmental costs from mining, waste disposal, and carbon emissions. Construction of large dams began before World War II. GW) and Dasu (4.3

Green 97
article thumbnail

Michelin doesn’t want you to buy as many EV tires

Baua Electric

It’s made with recycled steel, recycled carbon black from end-of-life tires, with silica from pulverized rice husks, as well as some natural resins and oils—including from orange peel for higher efficiency. The sustainable carbon black effectively closes the loop and ends the need for petroleum input for tires.

Buy 52
article thumbnail

Forecast: Algae-Based Biofuels Production to Reach 61M Gallons per Year by 2020

Green Car Congress

Both regions will benefit from rapidly expanding biofuels markets, ample land and water resources, and cheap labor, Pike suggests. Latin America and Asia Pacific, which are home to fewer projects in operation today, are set to gain significant market share in the long run. the Synthetic Genomics Inc. and Exxon Mobil Corp.

2020 319
article thumbnail

KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

Green Car Congress

The advantages many companies experienced in the last two decades from “cheap labor” in developing nations are likely to be eroded by the growth and power of the global middle class. Yet the OECD projects that forest areas will decline globally by 13% from 2005 to 2030, mostly in South Asia and Africa. billion in 2005.

article thumbnail

Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

In an opinion piece in the journal Nature , a team from the US and Europe suggests that the transition to a low-carbon world will create new rivalries, winners and losers, and that it is therefore necessary to put geopolitics at the heart of debates about the energy transition. abating carbon will create losers. Dirty nationalism. ?Elections

Carbon 207