Developing countries have been identifying wind and solar as a ticket to economic opportunity – ever since the levelized costs of generation from these green sources fell close to, or below, those of the cheapest fossil fuel alternatives.
We are on the brink of a new decade. Now, you might say that the 2010s have been mixed at best – political and social divisions spring to mind – but they have prepared the ground for what looks set to be a low-carbon revolution in energy and transport throughout the 2020s, and beyond.
Japan’s energy policy in the wake of the Fukushima nuclear disaster eight years ago has been offering a mixed bag of support for renewables but also providing heavy, almost enthusiastic, support for conventional sources of energy such as oil, gas and coal. But signs of change have recently started to multiply.
By the time financial companies realize just how natural disasters and rising seas will affect their business, it will probably be too late.
Michael Liebreich Senior Contributor BloombergNEF One of the most iconic images from the COP15 Climate Conference in Copenhagen in 2009 was the occupation of the conference center by protesters holding signs reading “We won’t leave until you reach a fair, ambitious and legally binding agreement.” Of course no such deal was reached, but the protesters […]
A number of myths and misconceptions still drive much of the perception of China's role in electric transportation.
Climate change, electric vehicles, energy efficiency: What do the 2018 numbers tell us about 2019 and beyond?
BNEF Senior Contributor Michael Liebreich takes the temperature of climate politics and examines the underlying reasons to be cheerful about the low-carbon transition.
By Angus McCrone Chief Editor BloombergNEF Honeymoons are a time of passion. Afterward, the mood may cool just a little as the realities of washing dishes and paying mortgages sink in. Electric vehicles are currently in a honeymoon phase. You can see that in investors’ eyes: according to BNEF’s figures, Chinese EV companies accounted for […]
This article first appeared on Bloomberg View and the Bloomberg Terminal. By Nathaniel Bullard This week, my Bloomberg Opinion colleague Shira Ovide took a close look at U.S. tech company capital expenditures. Three years ago, Alphabet Inc., Apple Inc., Amazon.com Inc., Microsoft Corp. and Facebook Inc. spent $40 billion on big-ticket physical assets; last year, they invested $80 billion, […]
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