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Schlumberger and RTI International partner to accelerate the industrialization of NAS carbon capture technology

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Schlumberger has entered into an agreement with RTI International , a nonprofit research institute, to accelerate the industrialization and scale-up of its proprietary non-aqueous solvent (NAS) technology, which enhances the efficiency of absorption-based carbon capture.

Carbon 199
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Benchmark: Lithium industry needs more than $116B to meet automaker and policy targets by 2030

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The lithium industry needs to invest $116 billion by 2030 if the world is to meet the ambitions targets set by governments and the largest automakers, according to a Benchmark analysis. They don’t want to flood the market with lithium too quickly. Benchmark’s high case scenario forecasts that 7.0 TWh in the base case scenario.

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Amsted Industries forms automotive group to focus on electric and traditional vehicle markets

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The world automotive market is going through a period of fundamental change. The transition to electric vehicles has the potential to reshape much of the industry, including the supply base. —Stephen Smith, Chairman, President and CEO, Amsted Industries. —Jeremy Holt, President of AAG.

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UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

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The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors.

Climate 428
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International Lithium Association (ILiA) established to be the voice of the global lithium industry

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The world has entered the “lithium century” almost without noticing it, but until now this critical industry lacked a central voice. The International Energy Agency (IEA) has estimated that the growth in EVs could see lithium demand increase by more than 40 times by the year 2030. —Anand Sheth. ppm Li (0.0018%).

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Samsung Heavy Industries and Bloom Energy sign joint development agreement for SOFC-powered ships

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Solid-oxide fuel-cell manufacturer Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, have signed a joint development agreement (JDA) to design and to develop fuel cell-powered ships. The two companies will work together to realize their vision of clean power for ships and a more sustainable marine shipping industry.

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Volkswagen bringing additional partners to Industrial Cloud; 11 in first step

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Volkswagen, together with Amazon Web Services (AWS) and integration partner Siemens, is opening up the Industrial Cloud ( earlier post ) to other manufacturing and technology companies. This way, a rapidly growing range of industrial software applications for Volkswagen’s plants will be created. At the same time.