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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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While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). Inflows to clean energy projects in India and Brazil slipped $2.4

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Glencore buying in to Hydro Alunorte alumina refinery, MRN bauxite mining in Brazil

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Resources Sonter, L.J., In addition to the decarbonization of Alunorte, the partners are committed to continuing the development of social projects to improve the lives and livelihoods of nearby communities. Herrera, D., Barrett, D.J. 2017) “Mining drives extensive deforestation in the Brazilian Amazon.”

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India, China, Brazil, Japan, other non-Arctic countries want a voice on Arctic Council; interest in climate change impact and access to resources

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Countries such as China, India and Brazil, which have no Arctic territories, are now seeking admission to the Arctic Council as permanent observers. Many non-Arctic countries are interested in the Arctic as the “canary in the coal mine” that can teach them about how climate change will impact their own states.

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Vale joins Boston Metal Series B; developing MOE for emissions-free steel

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Headquartered in Rio de Janeiro, Brazil and present on five continents, Vale is one of the largest metals and mining companies in the world based on market capitalization and one of the world’s largest producers of iron ore and nickel. Boston Metal has produced more than 1,000 kg of metal alloys since commissioning its first reactor.

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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

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Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT. The first two reports dealt with nuclear power (2003) and coal (2007).

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BNEF: cost of new renewables rises as inflation starts to bite

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Global benchmarks conceal a range of country-level estimates that vary according to market maturity, resource availability, project characteristics, local financing conditions and labor costs. New-build onshore wind and solar projects are now around 40% lower than BNEF’s global benchmarks for new coal- and gas-fired power.

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EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

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million barrels per day from 2010 to 2040, including the production of both petroleum (crude oil and lease condensate, natural gas plant [NGPL], bitumen, extra-heavy oil, and refinery gains), and other liquid fuels (coal-to-liquids [CTL], gas-to-liquids [GTL], biofuels, and kerogen). million barrels per day. Source: IEO2013. Click to enlarge.

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