Remove Emissions Remove Grid Remove Stimulus Remove Wind
article thumbnail

Next 10 report finds California must increase GHG reductions to 4.9%/year through 2030 to meet target

Green Car Congress

This year’s Index finds that 2018 greenhouse gas emissions—the latest year for which data are available—rose overall for the first time since 2012, driven in part by increases in the power and commercial sectors. Data from the report illustrate that California now must reduce emissions by an average of 4.9%

article thumbnail

IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

Green Car Congress

Global energy-related carbon dioxide emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released by the International Renewable Energy Agency (IRENA) and the International Energy Agency (IEA). This means reducing energy CO 2 emissions by 2.6%

Renewable 199
article thumbnail

Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Without the CAFE standard and stimulus monies to promote green vehicle tech, the industry would not be headed toward a greener horizon.

Renewable 220
article thumbnail

Research Suggests Renewables Could Generate 40% of Global Power by 2050

Green Car Congress

We have identified specific areas of priority for the wind sector to effectively deliver the overall objective of cost reductions. Research areas including turbine technology, wind energy integration and offshore deployment will be crucial to maximizing future growth. Professor Petersen.

article thumbnail

World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

Green Car Congress

Four key enablers for a shift to clean energy will be energy efficiency, smart grids, energy storage, and carbon capture and storage. Their statement suggests using some of the money available from fiscal stimulus packages to invest in activities that can provide jobs as well as create low emission options. billion) in 2004.

Green 150
article thumbnail

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

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Billion vs. $28.3 Billion in 2008). Earlier post.). Five months ago.

Financing 150
article thumbnail

Smart Meters and Electric Cars

Revenge of the Electric Car

The grid today could handle many millions of EVs charging late at night when rates are lowest. The garage studies the integration of the electric vehicle into the power grid system where it either charges or discharges to accommodate the owner’s electricity needs. To be honest, we’ll be very lucky to see that many.