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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.

Clean 429
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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

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A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution.

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Nornickel presents market review of nickel and platinum group metals

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While beneficial to consumers, especially battery manufacturers, the use of such nickel in the battery industry is not sustainable as it has an extremely high carbon footprint and other significant environmental impact. The forecast for nickel supply in 2023 is almost unchanged at 3.45 The deficit forecast for 2023 was revised to 0.2

Market 304
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PCAST suggests 6 key components for climate change strategy to President Obama; adaptation and mitigation

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The President’s Council of Advisors on Science and Technology (PCAST) released a letter to President Obama describing six key components the advisory group believes should be central to the Administration’s strategy for addressing climate change. Improving coordination and support for research efforts on climate change preparedness.

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CEC determines Diablo Canyon needed to support grid reliability

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The California Energy Commission (CEC) approved a staff analysis recommending the state pursue extending operation of Diablo Canyon Power Plant (DCPP) through 2030 to ensure electricity reliability. Located in San Luis Obispo County, DCPP is owned and operated by Pacific Gas and Electric Company (PG&E).

Grid 199
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3 Oil Majors That Bet Big On Renewables

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An analysis of near-term spending plans on renewables by the biggest oil and gas companies shows that real investments in renewable energy will continue to pale in comparison to capex plans for greenfield fossil fuel projects. Indeed, much of Big Oil's reduction in greenhouse gas (GHG) emissions leans on the so-called natural gas bridge.

Oil 418
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Georgia Tech study projects potential mixed impacts of climate change policies on air quality

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Future meteorology was downscaled from the Goddard Institute for Space Studies (GISS) ModelE2 General Circulation Model (GCM) to the regional scale using the Weather Research Forecasting (WRF) model with spectral nudging. The GISS ModelE2 provides the initial and boundary conditions to a regional climate model for the years 2006?2010