Nissan electrifies Philippine car market with the LEAF
Nissan introduced the LEAF to the Philippines on May 9, officially plugging the country into the electric vehicle era.
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Nissan introduced the LEAF to the Philippines on May 9, officially plugging the country into the electric vehicle era.
On May 13, the company announced it plans “to invest $7.4 billion in the U.S. by 2025 to produce future EVs, enhance production facilities, and further its investments in smart mobility solutions.”
In the US, coal power plants experienced the country’s lowest annual coal consumption since 1965, and the fossil fuel is expected to reach levels last seen in the 19th century in coming years, reports Bloomberg.
The IEA’s “renewable energy market update” forecasts nearly 40% higher growth in 2021 than it expected a year ago, putting wind and solar on track to match global gas capacity by 2022.
Under the new law, an agreement between member states and the European Parliament, the bloc will cut carbon emissions by at least 55 percent by 2030, compared to 1990 levels, and achieve carbon neutrality by 2050.
The U.K. has established an important international precedent, being the first major economy to account for its airline and shipping emissions under its carbon budget.
The country depends on coal for around 70% of its energy needs, although it is planning to reduce this to 11% by 2040.
The solar panels will create enough electricity for about 5,000 homes annually, offsetting 120 million pounds of carbon dioxide annually. Construction is slated to start later this year with plans to be in operation by 2022.
United Mine Workers of America has announced that it would support a transition to renewable energy sources provided that union members were given opportunities for well-paying jobs in the new solar, wind, and hydropower sectors.
During the international Climate Summit, three governments and nine giant corporations announced a groundbreaking coalition, called LEAF, which is mobilizing to raise at least $1 billion this year, alone, for large-scale forest protection and sustainable development.