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IEA: Decisive action by governments is critical to unlock growth for low-carbon hydrogen

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But this time, we are seeing exciting progress in making hydrogen cleaner, more affordable and more available for use across different sectors of the economy. This requires either large amounts of electricity to produce it from water, or the use of carbon capture technologies if the hydrogen is produced from fossil fuels.

Hydrogen 199
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Volvo Trucks enters LNG truck segment in India, fuel technology ‘first step’ towards its 2040 carbon neutrality target – ET Auto

Baua Electric

“Today, Volvo Trucks is the only OEM supplying and supporting heavy-duty diesel, LNG and Electric trucks in India,” says Vinod Aggarwal, MD & CEO, VECV. Finally we’re here, and we’re just looking forward to meeting all the goals that we allocate. It took a while getting here.

Volvo 52
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ExxonMobil: global GDP up ~140% by 2040, but energy demand ~35% due to efficiency; LDV energy demand to rise only slightly despite doubling parc

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The Outlook for Energy provides ExxonMobil’s long-term view of global energy demand and supply. The outlook is developed by examining energy supply and demand trends in 100 countries, 15 demand sectors covering all manner of personal and business needs and 20 different energy types. The OECD represents the developed economies.

Energy 252
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The raw materials crunch: How bad, how long, how to solve it?

Charged EVs

However, the road to the brave new electric future is not yet clear. Current trends indicate that the industry will be able to work its way through the battery supply chain issues within a couple of years. What’s the scarcest of them all? Currently, graphite supply is adequately serving the demands of consumers and automakers.

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China’s battery supply chain tops BNEF ranking for third consecutive time; Canada close 2nd, US drops to 3rd

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China continues to dominate BloombergNEF’s (BNEF) global lithium-ion battery supply chain ranking, for the third time in a row, for both 2022 and its projection for 2027, due to continued support for the electric vehicle demand and raw materials investments. —Allan Ray Restauro, metals and mining analyst at BNEF and lead author.

Supplies 195
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Perspective: Why Carbon Emissions Should Not Have Been the Focus of the UN Climate Change Summit and Why the 15th Conference of the Parties Should Have Focused on Technology Transfer

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In the period up to 2030, the energy supply infrastructure worldwide will require a total investment of US$26 trillion, with about half of that in developing countries. But for all the optimistic talk of sustainable, non-carbon-emitting energy sources, none of them are remotely ready to shoulder such a load. Financial Aid.