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New phase of globalization could undermine efforts to reduce CO2 emissions

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A new study finds that the growth of carbon production from Chinese exports has slowed or reversed, reflecting a “new phase of globalization” between developing countries that could undermine international efforts to reduce emissions. The paper is published in Nature Communications. trillion) in 2014.

Global 170
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New JV in China to produce high-grade Li-ion power battery materials

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Global Internet of People, Inc. In China, clean energy industry has received strong support from governments at both national and local levels as China aims to reach carbon emission peak by 2030 and achieve carbon neutrality by 2060. In 1999, I founded and became the first general manager of Shanghai Shanshan Technology Co.,

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IEA forecasts global oil demand to reach 101.6 mb/d in 2023; non-OECD countries lead expansion

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While higher prices and a weaker economic outlook are moderating consumption increases, a resurgent China will drive gains next year, with growth accelerating from 1.8 Global refining capacity is set to expand by 1 mb/d in 2022 and 1.6 Following nearly two years of declines, observed global oil inventories increased by 77 mb in April.

Oil 210
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bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

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The Review captures the significant impact the global pandemic had on energy markets and how it may shape future global energy trends. China saw the largest increase (2.1%), one of only a handful of countries where energy demand grew last year. China was one of the few countries where demand increased in 2020 (220,000 b/d).

2020 397
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Remy to acquire 100% of its Remy Hubei Electric JV in China

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This joint venture was originally formed by Delphi Automotive Systems China Ltd. In 2004, Remy acquired a 51% ownership of REH as part of Remy’s purchase of Delphi’s light duty alternator business. This is an important milestone within our global strategic plan. with Hubei in 1994. —Jay Pittas, Remy International, Inc.

China 210
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GM outlines plans for China with 17 launches this year; developing advanced propulsion and electrification tech in China

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General Motors discussed its future plans in China during a press conference in conjunction with the start of Auto Shanghai 2013. GM is also in the process of bringing Cadillac’s entire global portfolio to China, adding one locally produced model per year through 2016. —Gary Smyth. million units.

China 246
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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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trillion being invested globally in new power generation capacity between 2018 and 2050, with $8.4 Among the related datapoints: Coal consumption growth in 2017 was driven largely by India (18 mtoe), with China consumption also up slightly (4 Mtoe) following three successive annual declines during 2014-2016. NEO 2018 sees $11.5

Wind 220