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Hyundai Motor to expand XCIENT fuel cell truck entry into US market

Green Car Congress

Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. Our ultimate goal is to fight climate change and build a sustainable future. We believe that there is no way around hydrogen to realize the energy transition towards renewables. million km as of 30 April 2022.

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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

Green Car Congress

A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. Results show that in more aggressive scenarios—i.e.,

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

Green Car Congress

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. Rio Tinto’s new 2030 climate targets are linked to executive remuneration.

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IRENA report says tripling renewables investment required to reach 2050 climate goal

Green Car Congress

Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

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

Green Car Congress

California’s latest greenhouse gas data shows that while the state continues to stay below its 2020 target for emissions, there is much more work to do to achieve carbon neutrality by 2045. California statewide GHG emissions dropped below the 2020 GHG Limit in 2016 and have remained below the 2020 GHG Limit since then.

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Nornickel presents market review of nickel and platinum group metals

Green Car Congress

Russia-based Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, presented its eleventh review of the nickel and platinum group metals (PGM) markets based on the fundamental analysis of world economic and industry data. Mt to 3.22 Mt (7% year-on-year growth).

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U of Toronto study finds US electrification of LDV fleet not a silver bullet for tackling climate change in vehicle sector

Green Car Congress

The paper is published in the journal Nature Climate Change. A lot of people think that a large-scale shift to EVs will mostly solve our climate problems in the passenger vehicle sector. As a test market, they chose the United States, which is second only to China in terms of passenger vehicle sales.