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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. Produce materials essential for a low-carbon future. Enhance resilience to physical climate risks.

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Tesla’s 2020 Impact Report shows why an “ecosystem” of products is key to addressing climate change

Teslarati

Tesla’s 2020 Impact Report highlighted a number of key aspects of the company’s business, from its plans for the future to the rationale behind its focus on developing an ecosystem of products. In 2020, Tesla customers helped accelerate the world’s transition to sustainable energy by avoiding 5.0

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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

2015–2050 US light-duty fleet cumulative CO 2 emissions versus CO 2 budget under prospective future developments. 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. Milovanoff, A.,

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UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

Green Car Congress

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. The space industry is one of the world’s fastest growing sectors.

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

Green Car Congress

Our ultimate goal is to fight climate change and build a sustainable future. This has led the company to deploy a growing fleet of XCIENT Fuel Cell trucks, the world’s first mass produced fuel cell electric heavy-duty truck, in Switzerland starting in 2020, which now has achieved a cumulated range of 3.5

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California ARB approves 2017 Climate Change Scoping Plan; requires doubling the rate of GHG cuts

Green Car Congress

The California Air Resources Board unanimously approved the 2017 Climate Change Scoping Plan , which sets the state on an aggressive course to reduce greenhouse gas emissions an additional 40% below 1990 levels by 2030 under SB 32. This will require California to double the rate at which it has been cutting GHGs. Earlier post.).

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130 banks holding US$47 trillion in assets commit to climate action and sustainability; 1/3 of global banking sector

Green Car Congress

In the Principles, launched one day ahead of the UN Climate Action Summit in New York, banks commit to align their business strategically with the goals of the Paris Agreement on Climate Change and the Sustainable Development Goals, and scale up their contribution to the achievement of both.

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