Browsing tag

electric vehicles

Global Energy Decarbonisation Spending Tops US$500 Billion In 2020

4 Mins Read The world spent more than US$500 billion on decarbonisation in 2020, according to new statistics. Released by BloombergNEF (BNEF), the report tracked global investment into the clean energy transition and found that decarbonisation spending jumped 9% year-on-year despite the economic fallout from the coronavirus pandemic.  A new report released by Bloomberg’s energy research arm BNEF […]

New Study Confirms Electric Cars Generate Less Carbon Emissions

3 Mins Read A new scientific study has confirmed that electric vehicles generate less carbon dioxide than petrol cars across most areas of the world. The findings contrast the claims of some firms who believe that the carbon dioxide emitted in producing electricity amounts to more than that of conventional petrol vehicles, and will help boost government policies […]

BNP Paribas Analysis Says Demise Of Big Oil Is Coming Within A Decade

4 Mins Read According to a new analysis by BNP Paribas, the big oil industry is “now in relentless and irreversible decline,” mostly thanks to the dip in prices for batteries and renewables, which is driving an electric vehicle – EV – revolution. These findings suggest that oil demand will peak in less than one decade, giving hope […]