article thumbnail

Low-lying and other vulnerable countries calling for fast action on non-CO2 global warming pollutants

Green Car Congress

CO 2 is the main game, but it’s pretty clear that progress on CO 2 is not going to be quick or easy, and we still need to do something fast on climate to buy time—this is what reducing non-CO 2 emissions can do for the world. This is a critical opportunity that all of the Parties in Cancun need to be aware of now.

article thumbnail

Documenting the EV battery material supply chain: Traceability challenges, Part One

Charged EVs

Thanks to the “Buy American” requirements of the Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA), and similar provisions in the EU’s new Battery Directive, traceability is becoming a critical function in the EV industry.

Supplies 106
article thumbnail

The EV Transition Explained: How to Meet Sales Targets?

Cars That Think

You cannot change the sources from Congo, China and other places within two to three years.” Even if a US taxpayer buys an EV that meets the credit, but their tax liability is not at least $7,500 in the year they purchase the vehicle, they do not reap the full benefit. Pablo Di Si There are also income caps.

Sale 80
article thumbnail

Tesla has mulled over buying 20% stake of mining giant Glencore

Teslarati

Tesla has talked with Glencore about buying stake of the Swiss mining giant. Tesla planned to buy a minority equity stake of 10% to 20% in Glencore but the two companies were not able to reach a deal. The post Tesla has mulled over buying 20% stake of mining giant Glencore appeared first on TESLARATI.

Buy 98
article thumbnail

Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

itself, by increasing profits and reducing costs on contracts to buy and sell physical fuel oil, as well as certain derivative positions that Glencore Ltd. had a contract to buy fuel oil, Glencore Ltd. Between approximately 2007 and 2018, Glencore and its subsidiaries caused approximately $79.6 As part of the conspiracy, Glencore Ltd.

article thumbnail

Battery metal price plunge is closing mines and stalling deals – ET Auto

Baua Electric

last year put itself up for sale after a slump in the cobalt price left it struggling to finish key projects in the Democratic Republic of Congo, and London-based Horizonte Minerals Plc scaled back work on its Brazilian nickel mine as it searches for funds to complete construction, and announced an emergency USD 20 million financing late last year.

Price 52
article thumbnail

Redwood Materials Will Recycle Hawaiian Grid Batteries

Cars That Think

Currently, materials such as nickel, manganese, lithium, and cobalt are sourced from Indonesia, South Africa, Australia, South America, the Democratic Republic of the Congo, and elsewhere. So the idea is, buy it once and keep it here.” We have to get the materials from somewhere,” Spangenberger said. “So

Grid 70