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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. thousand terawatt-hours in 2018, up from 6.4

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Huge Tesla Megapack project breaks ground in Queensland

Teslarati

Another Tesla Megapack project in Australia has broken ground, set to replace a former coal plant as part of a sustainable energy hub in Queensland. Now, we’ve started converting it into one of the state’s first Clean Energy Hubs,” said Mick de Brenni, Queensland Minister for Energy and Clean Economy Jobs.

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GlobalData: hydrogen to become game changer as large-scale source of cleaner power

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The technology has the capability to serve as a long-term, large-scale clean energy storage medium that aids power generation from renewable sources, however, formulating a cost-effective and well-regulated transition is a complex issue and the cost of producing hydrogen from renewable energy sources is currently expensive.

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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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The unparalleled decline is staggering in both its scale and swiftness, with serious potential implications for energy security and clean energy transitions. The slowdown in spending on key clean energy technologies also risks undermining the much-needed transition to more resilient and sustainable energy systems. —Dr Birol.

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UK government launches new clean air strategy; ending sales of conventional diesel and gasoline LDVs by 2040

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UK Environment Secretary Michael Gove published a new Clean Air Strategy to cut air pollution backed up through new primary legislation. To legislate to ensure only the cleanest domestic fuels will be available for sale, preventing 8,000 tonnes of harmful particulate matter from entering the atmosphere each year. billion (US$4.7-billion)

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. In addition, the President has directed his Administration to purchase cleaner alternatives to HFCs whenever feasible and transition over time to equipment that uses safer and more sustainable alternatives.

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Ignite Energy Resources and TRUenergy Plan Direct Coal-to-Liquids and Coal Drying Demo Project for Supercritical Water Technology

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Ignite Energy Resources (IER), developer of a supercritical water technology, and TRUenergy have entered into a Memorandum of Understanding (MoU) to develop a commercial demonstration plant that will apply IER’s direct coal-to-oil and upgraded dry coal process to the brown coal at TRUenergy’s Yallourn mine in Australia.

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