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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. As the country ramps up its economic stimulus, imports of unwrought copper, copper products, and ores are projected to increase in anticipation of higher demand.

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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

Green Car Congress

In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers. —Peter Altmaier, Federal Minister for Economic Affairs and Energy. Working together with companies and start-ups we will identify, develop, trial, and share applications.

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Germany and Namibia form partnership for green hydrogen

Green Car Congress

The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. Preliminary calculations show that Namibia offers ideal conditions for the generation of wind and solar energy and thus for the production of green hydrogen.

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Study finds global oil demand likely to grow despite pandemic, climate policies

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Columbia University’s Center on Global Energy Policy and the University of California, Davis Institute of Transportation Studies analyzed four scenarios to understand how COVID-19 and other political, economic, social and technological drivers may impact transportation activity and global oil demand.

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Bright Automotive Applies for $35M in Stimulus Package Grants to Accelerate Production of PHEV

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This grant program, overseen by the Department of Energy (DOE) National Energy Technology Laboratory (NETL), provides funding to support the construction of US based manufacturing plants to produce batteries and electric drive components. The company continues to work with the Department of Energy in support of its application.

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ITF: worldwide transport activity to double by 2050, emissions to rise 16% compared to 2015

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Gearing stimulus packages towards decarbonization. Governments must set ambitious targets in the 2021 revision of the Nationally Determined Contributions under the Paris Agreement, underpin them with concrete policies, and reinforce them by leveraging Covid-19 recovery packages to accelerate and deepen transport decarbonization.

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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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The report highlights the potential for investments in zero-emissions energy and transport to create new jobs and economic growth. It recommends that these should be a central part of the recovery packages of the G7 countries, which together should increase their annual investment by 2% of GDP, or $1 trillion, compared to pre-pandemic levels.

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