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

Green Car Congress

The report “Decarbonizing Steel: A Net-Zero Pathway” outlines the path to making profitable, low-emissions steel and describes how a combination of falling hydrogen costs, cheap clean power, and increased recycling could reduce emissions to net zero, even while total output increases.

Hydrogen 221
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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. Coal emerges as the biggest loser in the long run. NEO 2018 sees $11.5

Wind 220
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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. Public opinion turns against foreign energy investors.

Carbon 207
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. Click to enlarge. The passenger vehicle fleet doubles to almost 1.7

Oil 247
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The AI Boom Rests on Billions of Tonnes of Concrete

Cars That Think

Currently that means burning coal, coke, fuel oil, or natural gas, often along with waste plastics and tires. These pilot programs will need to scale up without eating profits—something that eluded the coal industry when it tried CCS decades ago. As a result, calcined clay plants have popped up across Africa, Europe, and Latin America.

Portland 139
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War in Ukraine: We Need to Talk About Fossil Fuels

Cars That Think

This war will have many long-term consequences, but possibly none more important than its effects on the future of the European energy supply. One is that the road to new energy realities in Europe will be long, rough, and twisty. Russia’s energy resources are enormous and Europe’s dependence on them is deep and pervasive.

Ukraine 130
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

" This time Buffett asked another trusted partner, David Sokol, chairman of a Berkshire-owned utility company called MidAmerican Energy, to travel to China and take a closer look at BYD. One way or another, Sokol says, energy companies will need to produce more energy while emitting less carbon dioxide.

BYD 62