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

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However, Chinese emissions have increased more than the economic growth. When China invests in roads or buildings, this causes large emissions, as industries like cement and steel industries are very emission intensive ”, Peters said. China is now responsible for 24% of the global fossil emissions of CO 2. Resources.

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Beijing Wont Restrict Auto Purchases to Deal With Growing Congestion

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To deal with increasingly serious traffic congestion, Beijing will take steps such as raising parking fees in urban districts and striving to build more rail transit lines to address the issue, so ordinary residents may rationally select the travel option they prefer. About 19 million Chinese obtained a driving license in 2009.

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Li-ion maker Boston-Power adds $30M in funding; China expansion

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GSR Ventures is an early-stage venture capital firm focused on building world-class technology companies in China. Long-standing Boston-Power investors Oak Investment Partners and Foundation Asset Management (FAM) also participated. '. The firm invests primarily in the Internet, wireless, green technology, and semiconductor sectors.

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Boston-Power to supply Li-ion battery systems to Beijing Electric Vehicle Company for EVs, starting with Saab 9-5 based C70

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The Chinese government is putting incentives in place to have the market grow. The growth capital and Chinese government incentives are being used to scale manufacturing, research and development, and business development activities in China. Multiple redundant safety features including CIDs, redundant vents, aluminum can.

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Li-ion battery maker Boston-Power announces $125M in new financing; focus on and support from China

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The growth capital and Chinese government incentives will be used predominantly to scale manufacturing, research and development, and business development activities in China for the company’s energy storage technology and products. Boston-Power, Inc., GSR Ventures has offices in Beijing and Silicon Valley.

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ZAP, Zhejiang Jonway Partner to Target China and Export EV Markets

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ZAP hopes to leverage a stimulus from the government for plug-in forms of transportation. The Chinese State Council General Office announced that it intends to raise its annual production capacity to 500,000 all-electric cars, hybrids and buses by the end of 2011. Better World International, Ltd.,

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Deutsche Bank Forecast sees slower transportation electrification and greater gasoline demand near-term; increased confidence in the pace and breadth of long-term shift to efficient transportation systems

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Key developments in the transportation sector that they note include: Positive for gasoline demand: Strong Chinese car growth in 2010, particularly in the first half of the year, with vehicle sales up 30% year-on-year (YoY) through the first eleven months of 2010. In DB’s Fall 2009 note, they had forecast 12% growth.