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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% The decline in 2020 of -5.2% increase in 2021.

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Study Finds Global CO2 Emissions Dropped 1.3% in 2009; Emissions in China and India Rose 9% and 6%

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Global CO 2 emissions decreased 1.3% in 2009, the first decrease recorded this decade, according to an addendum to an earlier study outlining a method for updating global fossil fuel carbon dioxide emissions published in the journal Environmental Research Letters. The decrease in emissions follow the decrease in the global economy.

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ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

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of combined gross domestic product (GDP) each year by 2100, more than twice the projected global average loss. Since the negative impacts of climate change will continue to worsen, the study finds that only global action to mitigate greenhouse gas emissions can effectively address the root causes of the current climate crisis.

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A123Systems Raises $69 Million in New Round of Private Financing; GE Increases Ownership to More than 10%, Director of GE Global Research to Join Board

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Mark Little, GE’s Senior Vice President and Director GE Global Research, will join A123Systems’ board of directors. In addition to the private capital, A123 is seeking funds under federal and state stimulus and other programs to ramp up its production capabilities in Michigan. Mark Little.

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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. by Nick Cunningham of Oilprice.com.

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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Additionally, through its stimulus programs and local industrial policies, the Chinese government is providing a range of grants, low-interest loans and related financial and tax incentives. Due to the strategy to focus predominantly on China in both the immediate and longer term, the company is reallocating its global resources.

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Headwaters and University of Utah Form JV for Carbon Storage

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Headwaters said that momentum for creating an entirely new industry surrounding carbon capture and storage has been building since passage of the stimulus bill. As these projects progress, Headwaters will reallocate resources and staffing to capitalize on this significant opportunity. Jim Lepinski, President of HCCS.

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