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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

Government and corporate net-zero commitments are pushing the steel industry to cancel out its emissions by 2050. Efforts to decarbonize steel production are central to the net-zero aspirations of China, Japan, Korea and the European Union. Retrofit or close any remaining coal-fired capacity by 2050.

Hydrogen 221
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” Renewable energy projects are frequently financed with project rather than corporate finance. In general, the sponsor’s goal is to use as much cheap debt financing and as little equity as possible to complete the deal.

Financing 150
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Why Warren Buffett is investing in electric car company BYD - Apr. 13, 2009

Tony Karrer Delicious EVdriven

"Importing batteries from Japan was very expensive," Wang says. "When I first visited the BYD factory, I was shocked," says Daniel Kim, a Merrill Lynch technology analyst based in Hong Kong, who has been to the fully automated production lines in Japan and Korea. "If we put our staff in Japan or the U.S.,

BYD 62
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Electric Cars and a Smarter Grid - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

The vision is fuelled by the fear of climate change and the need to find green alternatives to dirty coal, unpopular nuclear power and unreliable gas imports from Russia. Are we going to burn more oil, natural gas, or (gasp) coal to produce it? Cheers — Al Louard 11. railways replacing cars and trucks, weatherizing homes, etc.),

Grid 47
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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

Green Car Congress

Experts predict that by the year 2060 global warming, if left unchecked, could result in a temperature rise of seven degrees Fahrenheit higher than temperatures before the Industrial Revolution when man started widespread use of coal and other fossil fuels. The fact is, about half the world’s electricity comes from coal.