A new report by the Net Zero Industrial Policy Lab at Johns Hopkins University explains the high cost that would come to the U.S. if the incoming Trump administration repeals existing climate policies. According to the report, Donald Trump’s plans to undo climate policies would cost the U.S. billions of dollars. Rolling back policies such […]
Volvo Cars has scrapped its goal of selling only electric vehicles (EVs) by 2030, as demand for battery-powered vehicles falls. The Swedish carmaker said it is now aiming for “90 to 100 per cent of its global sales volume by 2030 to consist of electrified cars,” including a combination of EVs and plug-in hybrids, reported […]
According to two new reports from BloombergNEF (BNEF), the global clean energy transition has reached significant milestones and is poised to continue at its current pace. Last year for the first time more than 40 percent of the planet’s electricity was generated by zero-carbon sources — 14 percent from solar and wind. In 2023, nearly […]
The first half of 2024 saw new coal-fired power plant approvals fall significantly in China, a new report by Greenpeace East Asia said. A series of permits in the past two years had raised concerns about how committed the country’s government was to limiting climate change, reported The Associated Press. An analysis of project documents […]
“Coal is the heart and soul of modernity.” Orville Schell is talking about the long history of coal mining, as represented in a major section of the exhibit “COAL + ICE” on view in New York City through August 11. Schell is vice president of the Asia Society, where the exhibit is mounted, and coal was […]
China’s National Energy Administration and the National Development and Reform Commission (NDRC) have announced a plan to increase financing for emissions reduction projects at coal-fired power plants. Construction will start next year on some of the projects, which will include green ammonia and the burning of biomass, with a goal of reducing emissions by 20 […]
Renewable energy projects are rapidly expanding in China, so much so that the country has double the amount of renewable capacity under construction compared to all other countries combined, a new analysis from the non-governmental organization Global Energy Monitor has revealed. According to the analysis, China currently has 180 gigawatts of utility-scale solar power and […]
The Biden administration plans to set new tariffs on electric vehicle (EV) imports from China of up to 100 percent, along with import taxes on other products. The tariffs follow a review of former President Donald Trump’s more than $300 billion in import taxes imposed on China in 2018, reported The New York Times. It […]
In its new Global EV Outlook 2024, the International Energy Agency (IEA) said electric vehicle (EV) sales will reach 17 million this year — up from 14 million in 2023. In 2024, EVs are projected to make up roughly one out of nine cars sold in the United States, one in four in Europe and […]
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