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IMO environment meeting adopts mandatory energy efficiency measures for international shipping; first mandatory global GHG reduction regime for an international industry sector

Green Car Congress

Mandatory measures to reduce emissions of greenhouse gases (GHGs) from international shipping were adopted by Parties to MARPOL Annex VI represented in the Marine Environment Protection Committee (MEPC) of the International Maritime Organization ( IMO ), when it met for its 62 nd session from 11 to 15 July 2011 at IMO Headquarters in London.

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Axion International signs LOI to form global JV with Sicut Holding to target $8B railroad tie market with recycled structural composites

Green Car Congress

Axion International, a leading producer of industrial building products and railroad ties made from 100% recycled plastic ( earlier post ), has signed a non-binding Letter of Intent (LOI) with Sicut Holding Limited (previously Micron Inc. The JV does not relate to other applications of RSC technology, aside from railroad ties and sleepers.

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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

Global clean energy investment was $67.8 Looking at the third-quarter global investment figures by type, asset finance of utility-scale renewable energy projects came to $49.3 billion convertible issue from waste-to-energy specialist China Everbright International and a $311-million IPO by US fuel cell developer Bloom Energy.

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Sibanye-Stillwater to achieve majority shareholding in Keliber; seeks to increase shareholding further to 80%

Green Car Congress

South Africa-based mining and metals group Sibanye-Stillwater acquired an initial 30.29% shareholding in Keliber Oy as announced on 23 February 2021, by way of a phased equity investment. This is a further significant step in our strategy to build a unique global portfolio of green metals in a value accretive manner.

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The Global Outlook of Electric Vehicles

Blink Charging

In total, the International Energy Association reports , 6.6 Needless to say, EV sales are increasing globally. This is partially due to the cost of EVs in these countries, but also with a relative lack of charging infrastructure. In 2021, more EVs than that were sold each week.

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Mercedes-Benz realigning global production organization for passenger cars; organizing by product architecture

Green Car Congress

Mercedes-Benz is realigning its global passenger cars manufacturing activities and is strengthening its German passenger cars locations with investments worth billions of euros. “ As well as stepping up its international activities, Mercedes-Benz is strengthening it German plants with investments of more than €3 billion (US$3.9

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.