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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. NORI and Low Carbon Royalties are a great fit.

Carbon 352
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Westport Launches First Global Carbon Finance Program for Transportation Registered to the Voluntary Carbon Standard

Green Car Congress

in collaboration with Grütter Consulting , has launched a program to monetize the carbon emission reductions associated with Cummins Westport (CWI) and Westport HD natural gas engines. Westport and CWI natural gas powered vehicles sold since 1 January 2009 will be eligible for carbon credits based on an agreed price per tonne.

Carbon 199
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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

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The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5 —A Paradigm Shift Towards Sustainable Low Carbon Transport. Transport is also typically responsible for around 80% of developing cities' local air pollution and more than 1.3

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NRG invests additional $35M in FuelCell Energy for 6% of company; establishes $40M financing facility

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which designs, manufactures, operates and services carbonate fuel cell power plants, announced a broadening and deepening of its existing relationship with NRG Energy including a $35.0-million The company has the option to continue the financing term for each project after COD for a maximum term of five years per project. per share.

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Study confirms €1T green hydrogen potential for Africa

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Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. The report was formally handed over to partners on 20 December.

Africa 481
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Skeleton Technologies receives US patent for nanoporous carbon powder supercapacitor material; higher energy and power densities and lower cost

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Skeleton Technologies , an energy-storage start-up located in Tartu, Estonia, was recently awarded a US patent ( #7,803,345 ) on its nanoporous carbon powder supercapacitor material. Low internal resistance of the nanostructured material raises the power density.

Carbon 353
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Worldwatch: Fossil fuel subsidies continue to outweigh those for renewable energy; international pledges on reform unfulfilled

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Although independent reporting on these subsidies has increased, global efforts to move forward with subsidy reform have been hindered by a variety of causes, leaving international pledges unfulfilled. of the GDP for 2011–12, according to the International Institute for Sustainable Development’s Global Subsidies Initiative ( GSI ).

Renewable 312