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Government of Québec launches $6.7B 2030 Green Economy Plan; emphasis on transportation electrification

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The Premier of Québec François Legault, and the Minister of the Environment and the Fight against Climate Change and Minister responsible for the Laval region, Benoit Charette, unveiled the 2030 Green Economy Plan (PEV 2030) and its first 2021-2026 implementation plan, with an envelope of $6.7 billion over five years. A target of 1.5

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Alcoa outlines technology roadmap to decarbonize aluminum industry

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outlined a technology roadmap to support its vision to reinvent the aluminum industry for a sustainable future. Alcoa would use a combination of processes and technologies that are under development, including mechanical vapor recompression and electric calcination to develop this future-focused design. Alcoa Corp.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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3.8% drop in EU’s greenhouse gas emissions in 2019; transport emissions rise

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Total greenhouse gas emissions in the European Union (EU) decreased by 3.8% The official data, submitted on behalf of the EU to the United Nations Framework Convention on Climate Change (UNFCCC), show that EU Member States managed to reduce collectively their emissions by 3.8% from 2018 to 2019.

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UK government launches first Hydrogen Strategy

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By 2030, hydrogen could play an important role in decarbonizing polluting, energy-intensive industries such as chemicals, oil refineries, power and heavy transport such as shipping, heavy-duty trucks and trains, by helping these sectors move away from fossil fuels. Doing so could deliver a 7% emissions reduction on natural gas.

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CARB releases 2022 draft Scoping Plan update

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The California Air Resources Board (CARB) has released the draft 2022 Climate Change Scoping Plan —the third update to the state’s initial 2008 Scoping Plan. It achieves this goal by building on and accelerating regulations, incentives, and carbon pricing that have been in place for a decade and a half.

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

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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. trillion per year by 2050.

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