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Indonesian official says current nickel price will benefit miners, smelters – ET Auto

Baua Electric

Most investment in nickel processing in Indonesia is for nickel pig iron (NPI), the main feedstock for stainless steel, but the government wants to develop local production of batteries and EVs. The contract had surged in 2022 to a record high above USD 100,000 after expectations of reduced supplies from major producer Russia.

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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

Proposed legislation in the US Senate would cut current ethanol production subsidies while maintaining tax credits for related infrastructure such as refilling stations. Sugarcane ethanol supplies 41.5% The new Vital Signs Online article highlights both the increases in global production of biofuels and the factors behind this growth.

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US EV policy to boost free trade agreement nations in battery metal trade – ET Auto

Baua Electric

sourced battery metals such as lithium, cobalt, and nickel in tax credit-eligible EVs, low domestic production levels are expected to keep the US reliant on foreign producers. Efforts by the Biden administration to establish FTA-like agreements with other key players, including nickel giant Indonesia and Argentina, are underway.

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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

Green Car Congress

This article discusses: (a) why the focus should have been on the transfer of proven renewable energy technology from developed to developing countries; and (b) how this technology transfer can be financed with currently available funds. According to Tol, the impact of a tax hike of this magnitude could reduce world GDP 12.9%