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Study recommends $10B/year US federal investment in energy RD&D and a substantial price on carbon emissions; leveraging the national labs and encouraging the private sector for a clean energy future

Green Car Congress

The remainder of the funding should go to other areas, including Basic Energy Sciences, the report by the team from the Belfer Center for Science and International Affairs suggests. The largest percentage increases we recommend compared to 2009 funding levels are for energy storage, buildings, bioenergy, and solar photovoltaics.

Energy 231
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Bank of America: Oil Demand Growth to Hit Zero Within a Decade, EVs the Culprit

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I fully anticipate we’re going to keep a lot of pressure on that cobalt production,” Ted Miller, head of energy storage strategy and research at Ford, said at a mining event in South Africa. Slower economic growth would put a dent in oil prices via lower demand, but a lower price itself could keep consumers hooked.

Oil 306
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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

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The increasing prices of lithium has also led to higher investments in carbonate and hydroxide refinery facilities in the country, making it the leading refiner of battery metals globally. —Yayoi Sekine, head of energy storage at BNEF. Finland placed the highest in Europe and was ranked fourth in the overall rankings.

Supplies 195
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We Need More Than Just Electric Vehicles

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Another barrier to the adoption of EVs is the price, which is largely a function of the cost of the batteries, which make the purchase price 25 to 70 percent higher than that of an equivalent conventional vehicle. Although EV battery costs have fallen dramatically over the past decade, the International Energy Agency is projecting a.