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Zero-Emission Truck (ZET) Coalition calls for government to prioritize investments benefiting ZETs

Green Car Congress

The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.

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Germany and Namibia form partnership for green hydrogen

Green Car Congress

The global race for the best hydrogen technologies and the best sites for hydrogen production is already on. 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. We want to take this chance together.

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

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Bright Automotive has applied for $35 million in government grants to accelerate the production of its plug-in hybrid the IDEA ( earlier post ), and to deliver battery solutions to the industry through its engineering services arm.

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

Baua Electric

New Delhi: China is expected to amplify its stimulus efforts next year, potentially boosting demand for metals, with copper consumption forecasted to rise, the Commodity Outlook Report 2024 by ICICIDirect said in a report.

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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Crude steel production in China also increased 6 per cent to 261.6 Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. million tonne, according to Nikkei Asia.

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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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Glen Peters, a senior research fellow at CICERO, pointed to China’s large investments in infrastructure and export production since 2009. When China invests in roads or buildings, this causes large emissions, as industries like cement and steel industries are very emission intensive ”, Peters said. Resources.

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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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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. Additional investments of $150 billion per year are needed in “ productive, sustainable and efficient agricultural systems ”.

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