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GM secures all energy needed to achieve renewable energy goal for 2025; 25 years ahead of target set in 2016

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This is in line with the accelerated target announced in September 2021, which was 5 years ahead of the 2030 target announced in early 2021 and 25 years ahead of the initial target of 2050, set in 2016. This is the main way through which GM is achieving its renewable energy goal.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

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billion, level with 2019 despite falling unit prices. Global investment in carbon capture and storage (CCS) tripled to $3 billion, and that in hydrogen was $1.5 A geographical split of BNEF’s energy transition investment data shows that Europe accounted for the biggest slice of global investment, at $166.2 billion (down 11%).

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Report: Toyota to begin mass production in China in 2019 of EVs based on C-HR

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Japan’s Asahi Shimbun reports that Toyota will begin mass production of EVs in China in 2019, using the C-HR crossover ( earlier post ) as the base. The C-HR made its debut in late 2016 as an SUV based on the Toyota New Global Architecture (TNGA) platform. China is planning to bring new energy vehicle sales—i.e.,

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IEA: global energy efficiency progress drops to slowest rate since start of decade

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Energy efficiency has tremendous potential to boost economic growth and avoid greenhouse gas emissions, but the global rate of progress is slowing, according to a new report by the International Energy Agency. Global primary energy demand rose by 2.3% — Energy Efficiency 2019. This was slower than the 1.7%

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BMW Group to build new $1B plant in Mexico; production start in 2019

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This move is in line with the company’s clear strategic policy of ensuring globally-balanced growth. Production is planned to start in 2019. The BMW Group has maintained good relations with Mexican suppliers for many years and purchased products worth $1.6 billion US dollars in the NAFTA region in the period up to 2019.

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UPS to add more than 6,000 natural gas trucks 2020-2022; $450M investment

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UPS plans to purchase more than 6,000 natural gas-powered trucks beginning in 2020 and running through 2022. Since 2016, Agility Fuel Solutions has provided natural gas fuel storage and delivery systems to more than 1,700 UPS trucks. That is why we intend for 25% of our vehicles purchased in 2020 to run on alternative fuels.

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BMW Group sourcing aluminum produced using solar energy from EGA

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Generating the electricity needed to produce primary aluminum, i.e. aluminum obtained directly from the mineral compound alumina, is alone responsible for about 60% of the global aluminum industry’s greenhouse gas emissions. Andreas Wendt, member of the Board of Management of BMW AG responsible for Purchasing and Supplier Network.

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