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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050.

Clean 429
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AIChE and IChemE to build global alliance on hydrogen

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Bardin, AIChE’s 2023 President and Global Climate Transition Director at Dow, and Trish Kerin, Director of the IChemE Safety Center, during the 2023 World Hydrogen Summit and Exhibition, taking place May 9–11 in Rotterdam, The Netherlands. The letter of intent was signed on 10 May 2023, by Billy B.

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Yara Clean Ammonia and Bunker Holding to develop the market for ammonia as a shipping fuel

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Yara Clean Ammonia (YCA) and Bunker Holding Group signed an MOU establishing the intention to collaborate to accelerate the development of the market for clean ammonia as a shipping fuel. This commitment will cover multiple global geographies and focus on serving First Mover initiatives spanning different regions.

Clean 195
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Using blockchain traceability to build a circular battery economy

Green Car Congress

It’s no secret that we are in the midst of a rampant climate crisis. Electric vehicles are one of the most powerful climate solutions today—but also one of the most under-utilized. of cars on the road globally are electrified, which begs the question: How do we fulfill the promise of EVs to deliver sustainable mobility?

Economy 330
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Study finds limiting warming to 2 °C would require at least a $200/t carbon tax globally

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Some will suffer greatly from climate change, while others may even benefit. These heterogeneous effects mean that different countries will have differing incentives to abide by the Paris Agreement, which aims to limit global warming below 2 °C relative to pre-Industrial levels. —Cruz & Rossi-Hansberg.

Tax 397
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World Bank Group: mineral production to soar as demand for clean energy increases

Green Car Congress

A new World Bank Group report finds that the production of minerals, such as graphite, lithium and cobalt, could increase by nearly 500% by 2050, to meet the growing demand for clean energy technologies. Source: “Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition”.

Clean 243
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Public Housing Needs Climate Funding: A Clean Heat Standard Will Help

Green Energy Consumers

Through the Global Warming Solutions Act (GWSA), Massachusetts is committed to reducing greenhouse gas emissions across the entire economy, including the transportation, electricity, and building sectors (45% by 2030 and net zero by 2050). The building sector, of course, includes about 73,000 public housing units in the Commonwealth.

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