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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. Global energy investment totalled more than US$1.8

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BNEF: Global plug-in vehicle sales surge 63% year-on-year in Q3; China accounted for more than half of total

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Sales of battery-electric vehicles and plug-in hybrids exceeded 287,000 units in the quarter, 63% higher than the same quarter a year ago and up 23% from Q2 2017, BNEF said. China accounted for more than half of global sales as its market for electric cars doubled amid government efforts to curb pollution.

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Albemarle to expand lithium production capabilities with $230M acquisition of Guangxi Tianyuan New Energy Materials

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Founded in 2017, Tianyuan’s operations include a recently constructed lithium processing plant strategically positioned near the Port of Qinzhou in Guangxi. As the global transition to cleaner energy rapidly develops, this added lithium capacity will enable us to help our customers achieve their growth and sustainability ambitions.

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GAC and Huawei partner to develop Level 4 electric SUV out in 2023

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GAC Group embraces and encourages extensive technological innovation in its vehicles, and Huawei is a global leader in many types of technology. Since signing a strategic cooperation agreement in 2017, GAC and Huawei have worked together in the fields of intelligent connected electric vehicle technology.

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New study shows a rapid increase of diesel-fueled backup generators across California

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Emissions from these backup generators can harm local residents, regional air quality and the global climate. We have long been concerned about the proliferation of diesel backup generators here in the Bay Area, as highlighted in this report. —Jack Broadbent, executive officer of the Bay Area Air Quality Management District.

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Latest GHG Inventory shows California remains below 2020 emissions target; much steeper rate of GHG reductions required

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The California Air Resources Board released GHG emissions data for 2018 showing that emissions remain below 1990 levels but are effectively flat compared to 2017, while the economy grew by 4.3%. million metric tons in 2017. million metric tons between 2017 and 2018, the first such decline since 2013. tons per person to 10.7

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. thousand in 2017. Investment in new wind, solar, and other non-large hydro renewables projects in the country fell to $86 billion in 2018 from $122 billion in 2017. billion and $2.7

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