Clean Energy Finance Forum

A report from the Rocky Mountain Institute and General Motors pushes for support to develop technologies in, and to help drivers buy vehicles fitted for, electric Ubers and Lyfts and Vias and such.

The United Kingdom's promising to phase out internal-combustion-engine vehicles, which means manufacture of car batteries needs to ramp - and, in the town of Blyth, already has. This credulous December 10 article sizes up plans to make batteries in a Northern town- in part thanks to the robust electric grid there.

Two YSE students pick up on a pledge in Joe Biden's climate plan, spelling out how it can reduce asthma and emissions by removing tons of pollution from the air each school day. (This depends on getting schools safely fully open again...)

Where oil has flowed for decades, plunges in oil price can't make fossil fuels outshine solar in terms of cost.

BP has become the biggest oil and gas company to promise to cut its carbon emissions to net zero by 2050. Bernard Looney, BP’s new chief executive, said that it was “no longer enough” to provide reliable and affordable energy, it had to be cleaner too.

"In the latest attempt by the Trump administration to obstruct the clean energy transition and artificially revive a dying coal industry, the Federal Energy Regulatory Commission — or FERC — has issued an order creating new rules that unfairly favor electricity from coal plants over cleaner and less costly alternatives."

Though 45% of utility employees surveyed in Utility Dive's 2020 State of the Electric Utility Survey see the transition's cost — including stranded assets — as a top risk for the sector, only 18% see generation retirements and stranded assets as a top concern and just 14% said stranded assets present a major challenge to a changing fuel mix.

While the sector’s market share is small, Wood Mackenzie expects the 2020s to be a decade of battery electric vehicle growth. The group says it sees global battery electric vehicle market share increasing from 3% in 2019 to 14% by the end of the decade in its base case scenario.