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BNEF report finds hydrogen promising decarbonization pathway, but carbon prices and emissions policies required

Green Car Congress

The falling cost of making hydrogen from wind and solar power offers a promising route to cutting emissions in some of the most fossil-fuel-dependent sectors of the economy, such as steel, heavy-duty vehicles, shipping and cement, according to a new report from BloombergNEF (BNEF). Abatement cost with hydrogen at $1/kg (7.4/MMBtu).

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KPMG study identifies 10 sustainability “megaforces” with accelerating impacts on business; imperative of sustainability changing the automotive business radically

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In a new study, KPMG International has identified 10 “megaforces” that will significantly affect corporate growth globally over the next two decades. Total environmental cost 2010 vs growth in environmental cost since 2002 vs environmental intensity improvement. Source: KPMG. Click to enlarge.

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Researchers create salts for cheap and efficient CO2 capture; mimicking methane hydrate

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This process worked well; however, the chemical bonds require energy to break them down, which drives up the cost of the CO 2 capture operation. A) CO 2 hydrate where CO 2 molecules are trapped in water clusters at high pressures and low temperatures. (B)

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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

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With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh kWh average cost of electricity in the United States and globally. We are already facing serious ramifications of fossil fuel emissions.

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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

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The draft report says that as the global economy’s center of gravity shifts toward Asia, the region could account for about half of global output in 2050, up from the current 27%, as well as half of global trade and investment. If these events occur, Asia would account for only 32%, or $61 trillion, of global GDP in 2050.

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Harvard team demonstrates new metal-free organic–inorganic aqueous flow battery; potential breakthrough for low-cost grid-scale storage

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Wide-scale utilization of flow batteries is, however, limited by the abundance and cost of these materials, particularly those using redox-active metals and precious-metal electrocatalysts. But until now, flow batteries have relied on chemicals that are expensive or hard to maintain, driving up the cost of storing energy. Background.

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Naysayer Alert – the hydrogen red herring

My Electric Car

The only by products are water and a fair degree of heat, the latter indicating a degree of inefficiency and wasted energy. Hence its supply would not be cheap, renewable nor sustainable in the long term. The cost of platinum makes hydrogen fuel cells an expensive proposition even in comparison to lithium-ion batteries.