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BNEF: Net-zero transition potentially a $3.5T investment opportunity for Indonesia

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trillion investment opportunity for Indonesia, according to a new report published at the BNEF Summit Bali by research company BloombergNEF (BNEF) entitled Net-Zero Transition: Opportunities for Indonesia. By then, the combined share of renewables in electricity supply reaches 74%. trillion under the NZS.

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Tesla gets proposal from Indonesia for EV plant with an annual production capacity of 500k

Teslarati

Indonesia continues to woo Tesla with a proposal for an EV factory with an annual production capacity of 500,000 cars. The Indonesian government has been promoting industrial estates that supply clean energy from renewable sources to foreign companies, like Tesla, that are conscious of their carbon footprint.

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Nornickel presents market review of nickel and platinum group metals

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This is primarily due to a significant surplus in the Class 2 market that occurred in 2022 and is expected to remain throughout 2023-2024, mainly owing to growing production of low-grade nickel in Indonesia. The forecast for nickel supply in 2023 is almost unchanged at 3.45 Mt to 3.22 Mt (7% year-on-year growth).

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Benchmark Mineral Intelligence: lithium industry needs $42B investment to meet 2030 demand

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million tonnes LCE (lithium carbonate equivalent)—almost 1.8 Benchmark now publishes weekly prices for: Lithium Carbonate, EXW China, ?99.5% Lithium Carbonate, EXW China, ?99.0% In 2021, a third of global refined nickel supply came from Indonesia and this is forecast to 50% in 2025. Li 2 O 3 (Battery grade).

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IEA: Decisive action by governments is critical to unlock growth for low-carbon hydrogen

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Governments need to move faster and more decisively on a wide range of policy measures to enable low-carbon hydrogen to fulfil its potential to help the world reach net zero emissions while supporting energy security, the International Energy Agency (IEA) says in a new report. —Fatih Birol, the IEA Executive Director.

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Lux: California’s Low Carbon Fuel Standard will become a global phenomenon; carbon intensity, not volume

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California’s approach to transportation fuel policy—its Low Carbon Fuel Standard (LCFS)—will become a global phenomenon, suggests Lux Research. For example, the US and Brazil are major corn and sugarcane ethanol producers, respectively, and Malaysia and Indonesia are major palm oil biodiesel producers. Earlier post.).

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Cornell study examines trade-off between critical metals requirement and transportation decarbonization

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—Fengqi You, senior author Currently, critical metals and minerals are centralized in politically unstable Chile, Congo, Indonesia, Brazil, Argentina and South Africa, according to the World Bank. It’s mainly driven by the electric vehicle market penetration and battery technology development. Resources Chunbo Zhang et al.