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Germany and Australia to establish alliance on green hydrogen supply chain

Green Car Congress

Among other things, we will promote the production of hydrogen on an industrial scale in Australia with German-Australian ‘Hydrogen Hubs’ using German technology and explore possibilities for cooperation within the framework of our new international funding instrument ‘H2-Global’. Co-financing of an AUS-DEU H 2 incubator for applied research.

Australia 334
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EC presents action plan for critical raw materials

Green Car Congress

We will therefore build a strong alliance to collectively shift from high dependency to diversified, sustainable and socially-responsible sourcing, circularity and innovation. —Thierry Breton, Commissioner for Internal Market. This has been magnified by the coronavirus disruptions in our strategic value chains. —Maroš Šef?ovi?

Europe 365
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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

Green Car Congress

The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Birol.

Global 344
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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade, said GEA. GEA member commitments to financing and development stages included MidAmerican’s $1 billion pledge to extend the life of its Salton Sea, California geothermal fields.

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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

Green Car Congress

Leading international efforts for GHG emission reductions and adaptation. Expanding the Better Buildings Challenge. The Better Buildings Challenge targets helping American commercial and industrial buildings becoming at least 20% more energy efficient by 2020. Preparing the US for the impacts of climate change.

Obama 249
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Renewable energy projects are frequently financed with project rather than corporate finance. by Bill Cooke.

Financing 150
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JetBlue to go carbon neutral on all domestic flights by offsetting emissions starting in 2020; flying with SAF from SFO

Green Car Congress

JetBlue also announced plans to start flying with sustainable aviation fuel (SAF) in mid-2020 on flights from San Francisco International Airport. Buying carbon credits means investing in emission reduction projects that require carbon offsetting financing in order to take place. These projects are also permanent and ongoing.

Carbon 150