article thumbnail

China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. As the country ramps up its economic stimulus, imports of unwrought copper, copper products, and ores are projected to increase in anticipation of higher demand.

article thumbnail

Study Finds Global CO2 Emissions Dropped 1.3% in 2009; Emissions in China and India Rose 9% and 6%

Green Car Congress

However, regional differences are “substantial&rdquo, with emissions in China and India increasing by 9 and 6 percent, respectively. “ This is not unexpected ”, said Gunnar Myhre, senior research fellow at CICERO and one of the scientists behind the article. China is now responsible for 24% of the global fossil emissions of CO 2.

article thumbnail

Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Crude steel production in China also increased 6 per cent to 261.6 Prices had been on the rise since the end of last year in anticipation of an economic recovery after China abandoned its zero-Covid policy, but there is mounting concern that growth there is slowing, according to Nikkei Asia. million tonne, according to Nikkei Asia.

Chinese 40
article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. China continues to defy easy classification.

Financing 150
article thumbnail

2020 Top 10 Countries in the Global EV Revolution

EV Sales

For example, with increasing evidence of genocidal Chinese government towards Uyghur residents, including forced labor camps, the lack of transparency regarding whether any Chinese EVs benefit from such labor prompts me to deduct 1 production point from China (out of ~25 it had earned). 2ND PLACE: CHINA!

2020 52