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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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trillion more each year should be invested globally in low-carbon energy, including renewables, and the electrification of economies over the coming decade, while annual expenditure on fossil fuel energy should decrease by $350-600 billion. The report says that $1.5-1.7 It suggests that $1.4

Global 170
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European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

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The response to COVID-19 is having a major impact on the economy, with retail and manufacturing activity crippled without precedence and concerns mounting on consumer sentiment. We need a coordinated relaunch of industrial and retail activity, with maintained liquidity for businesses.

Renewable 207
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Study Finds Global CO2 Emissions Dropped 1.3% in 2009; Emissions in China and India Rose 9% and 6%

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in 2009, the first decrease recorded this decade, according to an addendum to an earlier study outlining a method for updating global fossil fuel carbon dioxide emissions published in the journal Environmental Research Letters. The decrease in emissions follow the decrease in the global economy. Global CO 2 emissions decreased 1.3%

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Saskatchewan and Montana Partner on Major Carbon Capture and Storage Project

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Saskatchewan Premier Brad Wall signed a Memorandum of Understanding with Montana Governor Brian Schweitzer to work together on the development of one of the largest international carbon capture and storage demonstration projects to date. The estimated of the total cost of the project in Canadian dollars is $270 million (US$231 million).

Montana 150
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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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Global energy-related carbon dioxide emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released by the International Renewable Energy Agency (IRENA) and the International Energy Agency (IEA). —IRENA Director-General Adnan Z. Click to enlarge.

Renewable 199
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CEC report sets out North American plan for change and investment to achieve sustainable freight transportation

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The report also considers the efficiency (and inefficiencies) in the current system, as well as considering the aggressive investments that other trade blocs are making in new infrastructure and lower-carbon transportation—investments that may be outpacing efforts in North America. Shifting to lower-carbon fuels.

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ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

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If Southeast Asian nations delay action on climate change, their economies and people will ultimately suffer. Southeast Asia also has the highest technical potential to sequester carbon in the agriculture sector of any region of the world. Ursula Schaefer-Preuss, Vice-President for Knowledge Management and Sustainable Development.