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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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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. Of course, this logic is correct only from a global planner’s point of view, where the planner puts equal weights across individuals.

Tax 397
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Unifrax to build large-scale silicon fiber anode manufacturing line

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Unifrax, a global manufacturer of high-performance specialty materials, plans to build its first large-scale SiFAB (silicon fiber anode material) manufacturing line at its north central Indiana facility. The Indiana plant will be the first to begin building SiFAB long-term manufacturing capacity.

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BNEF: global carbon capture capacity due to rise sixfold by 2030

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The global capacity for carbon capture in 2030 is set to increase sixfold from today’s level, to 279 million tons of CO 2 captured per year, according to research company BloombergNEF’s (BNEF) newly released 2022 CCUS Market Outlook. of global emissions. The amount of CO 2 being captured today is 43 million tons, or 0.1%

Carbon 293
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Using blockchain traceability to build a circular battery economy

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of cars on the road globally are electrified, which begs the question: How do we fulfill the promise of EVs to deliver sustainable mobility? It’s clear that we need to create a circular battery economy in order to build a responsible, electrified future.

Economy 330
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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

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President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. He also called on states to suspend their state gas taxes as well or to find other ways to deliver some relief.

Congress 259
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Benchmark: Saudi Arabia is building an EV battery supply chain

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The Saudi advantage lies in relatively low reagent costs and government incentives like tax, land, and capital support, said Benchmark consultant Ahmed Mehdi. March 2023: Novonix announced a joint venture deal to build a 30,000 tonne capacity graphite anode materials facility with TAQAT Development, a Saudi energy company.

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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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An estimated 387GW/1,143GWh of new energy storage capacity will be added globally from 2022 to 2030, according to the forecast—more than Japan’s entire power generation capacity in 2020. The US and China are set to remain the two largest markets, representing more than half of global storage installations by the end of the decade.