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Ekona Power closes CAD 79M Series A to advance pulsed methane pyrolysis technology for clean hydrogen production

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a Vancouver-based company that is developing a novel methane pyrolysis technology platform which produces clean and low-cost hydrogen, closed a CAD $79-million (US$62-million) Series A round. Fort Capital Partners acted as financial advisors and Blake Cassels & Graydon LLP served as legal counsel to Ekona. Ekona Power Inc.,

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Bank of America joins Stanford’s Global Climate & Energy Project

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Bank of America has joined Stanford University’s Global Climate & Energy Project (GCEP), a collaboration of academic and business experts that identifies and supports new avenues of research to make environmentally sustainable, low-cost energy available to everyone.

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Mitsubishi to invest C$2.9 billion for 40% interest in Encana Cutbank Ridge Partnership for nat gas development in Canada

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The Partnership holds about 409,000 net acres of Encana’s undeveloped Montney-formation natural gas lands in the company’s Cutbank Ridge resource play in northeast British Columbia. Burnet, Duckworth & Palmer LLP is acting as legal advisor to Encana. Mitsubishi Corporation will invest approximately C$2.9 Mitsubishi will pay C$1.45

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Industry study finds lead-acid to remain most wide-spread automotive energy storage for foreseeable future; new chemistries continue to grow

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Their low cost and ability to start the engine at cold temperatures sets them apart in conventional and basic micro-hybrid vehicles, and as auxiliary batteries in all other automotive applications, according to the report. The maximal charge voltage (of the legal limit of 60V) is still being defined by OEMs. Resources.

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EPA tightens national annual PM2.5 standard to 12 µg/m3

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standards announced today have major economic benefits with comparatively low costs, the agency said. EPA estimates health benefits of the revised standard to range from $4 billion to over $9 billion per year, with estimated costs of implementation ranging from $53 million to $350 million. Final Rule.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

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Coordinate with Anti-trust Officials: The government should consider the application of certain provisions of anti-trust regulations and how the automakers and interested parties can openly discuss how best to facilitate consolidation in the industry without fear of government or civil legal action. The Role of Banks.

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House Chairmen Waxman, Markey Release Draft of Energy and Climate Legislation; Among the Many Provisions Are Cap-and-Trade, Harmonization of CAFE and California Vehicle Regulations, and Low Carbon Fuel Standard

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The draft establishes a new energy efficiency resource standard to enlist electricity and natural gas distribution companies in the effort to make the nation more energy efficient. These are low-cost reductions in global warming pollution that can be secured by devoting approximately 5% of the allowance value to the program.

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