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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. Locations and fuel types of rocket launches in 2019.

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Rolls-Royce Power Systems road map for climate-neutrality; 35% cut by 2030 from 2019; key role of mtu engines

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Rolls-Royce Power Systems has outlined its road map for climate neutrality: Net Zero@Power Systems. By 2030, the Rolls-Royce business unit is to cut greenhouse gas emissions by 35% compared to its 2019 level through the use of new net zero and zero carbon technologies.

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Study suggests future climate changes to worsen air quality for >85% of China’s population; ~20k+ additional deaths each year

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A study by a team of researchers from China, the US and Germany suggests that future climate change may worsen air quality for more than 85% of China’s population, leading to an additional 20,000 deaths each year. Managing air quality in China in a changing climate will thus become more challenging. —Hong et al.

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EV developer Rivian closes $2.5B funding round; raised $10.5B in total since 2019

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The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. billion since 2019. In February 2019, Rivian announced a $700-million funding round led by Amazon. In February 2019, Rivian announced a $700-million funding round led by Amazon.

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IDTechEx: future of the electric ship industry lies with hybrid cargo vessels

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First, electric ship markets have historically been underpinned by electric ferry orders, which made up 37% of the maritime battery capacity (GWh) deliveries between 2019 and 2022. Battery deliveries to ships 2019-2022 GWh. IDTechEx concludes that the future of the electric ship industry lies with hybrid cargo vessels.

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Rolls-Royce commissions test bench for mtu hydrogen engines for climate-neutral power supply

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Over the past year and a half, the company has invested around €10 million at Rolls-Royce Solutions in Augsburg in test bench modernization, hydrogen infrastructure and other measures as part of its ‘Net Zero at Power Systems’ climate protection program.

Climate 199
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Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets

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Mining giant Rio Tinto will invest around $1 billion over the next five years to support the delivery of its new climate change targets and a company objective for net zero emissions from operations by 2050. Produce materials essential for a low-carbon future. Enhance resilience to physical climate risks.